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Saturday, November 23, 2024

Peru home prices rise in the first quarter of 2017

Realestate077

The median sale price of a home sold in the first quarter of 2017 in Peru rose by $22,750 while total sales decreased by 4%, according to BlockShopper.com.

From January through March of 2017, there were 24 homes sold, with a median sale price of $83,250 - a 37.6% increase over the $60,500 median sale price for the same period of the previous year. There were 25 homes sold in Peru in the first quarter of 2016.

The median sales tax in Peru for 2017 was $2,142.76. In 2016, the median sales tax was $2,054.60. This marks an increase of 4.3%. 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 Peru 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)
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%
Rutland12-50%$3,000$29,000-89.7%

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