Quantcast

Illinois Valley Times

Friday, November 22, 2024

North Utica home prices fall in the fourth quarter of 2017

Realestate3

The median sale price of a home sold in the fourth quarter of 2017 in North Utica fell by $25,500 while total sales decreased by 66.7%, according to BlockShopper.com.

From October through December of 2017, there were two homes sold, with a median sale price of $165,500 - a 13.4% decrease over the $191,000 median sale price for the same period of the previous year. There were six homes sold in North Utica in the fourth quarter of 2016.

The median sales tax in North Utica for 2017 was $3,640.24. In 2016, the median sales tax was $3,820. This marks an decrease of 4.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

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

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Tonica16-83.3%$225,000$106,450111.4%
Lake Holiday221729.4%$186,500$175,5006.3%
Sheridan712-41.7%$173,000$176,500-2%
North Utica26-66.7%$165,500$191,000-13.4%
Serena20-$145,000$0-
Earlville68-25%$141,500$140,0001.1%
Leland6520%$111,000$150,000-26%
Oglesby1420-30%$105,875$85,50023.8%
Ottawa93859.4%$97,500$135,000-27.8%
Marseilles231921.1%$97,000$107,000-9.3%
Peru36339.1%$90,250$106,500-15.3%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS