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Saturday, November 23, 2024

Oglesby home prices rise in the first quarter of 2017

Realestate3

The median sale price of a home sold in the first quarter of 2017 in Oglesby rose by $19,500 while total sales increased by 55.6%, according to BlockShopper.com.

From January through March of 2017, there were 14 homes sold, with a median sale price of $83,500 - a 30.5% increase over the $64,000 median sale price for the same period of the previous year. There were nine homes sold in Oglesby in the first quarter of 2016.

The median sales tax in Oglesby for 2017 was $2,203.82. In 2016, the median sales tax was $2,248.40. This marks an decrease of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares Oglesby to other LaSalle County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Sandwich20-$140,000$0-
Sheridan6450%$125,000$212,500-41.2%
Earlville57-28.6%$119,900$112,0007.1%
Ottawa644639.1%$105,826.81$97,7508.3%
Marseilles1315-13.3%$89,500$80,00011.9%
Oglesby14955.6%$83,500$64,00030.5%
Peru2425-4%$83,250$60,50037.6%
Seneca59-44.4%$80,000$148,000-45.9%
Mendota231735.3%$78,000$66,25017.7%
LaSalle1523-34.8%$75,000$57,50030.4%
Streator2844-36.4%$62,500$43,75042.9%

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