Leland home prices fall in August 2020

Leland home prices fall in August 2020
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The median sale price of a home sold in August 2020 in Leland fell by $111,750 while total sales decreased by 33.3%, according to BlockShopper.com.

In August 2020, there were two homes sold, with a median sale price of $217,250 – a 34% decrease over the $329,000 median sale price for the same period of the previous year. There were three homes sold in Leland in August 2019.

The median sales tax in Leland for the most recent year with available data, 2018, was $4,039, approximately 1.9% of the median home sale price for August 2020.

The following table compares Leland to other LaSalle County cities with similar median sales prices in August 2020:

City Aug. 2020 Home Sales Aug. 2019 Home Sales % change (Total Home Sales) Aug. 2020 Median Sales Price Aug. 2019 Median Sales Price % change (Median Sales Price)
Sheridan 3 5 -40% $280,000 $185,000 51.4%
Millington 1 0 – $242,500 $0 –
Serena 1 0 – $241,500 $0 –
Lake Holiday 12 11 9.1% $241,250 $208,000 16%
Seneca 4 5 -20% $228,500 $115,555 97.7%
Leland 2 3 -33.3% $217,250 $329,000 -34%
Lostant 1 0 – $186,000 $0 –
Earlville 5 7 -28.6% $162,000 $155,000 4.5%
Ottawa 40 41 -2.4% $160,000 $130,000 23.1%
Tonica 3 1 200% $148,000 $89,900 64.6%
Peru 33 13 153.8% $135,000 $105,000 28.6%


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