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Sunday, November 24, 2024

Mendota home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Mendota rose by $625 while total sales decreased by 47.8%, according to BlockShopper.com.

From January through March of 2018, there were 12 homes sold, with a median sale price of $78,625 - a 0.8% increase over the $78,000 median sale price for the same period of the previous year. There were 23 homes sold in Mendota in the first quarter of 2017.

The median sales tax in Mendota for the most recent year with available data, 2017, was $2,387, approximately 3% of the median home sale price for the first quarter of 2018.

The following table compares Mendota to other LaSalle County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Marseilles151315.4%$122,500$89,50036.9%
Oglesby161414.3%$118,500$83,50041.9%
Ransom10-$112,500$0-
Ottawa5564-14.1%$100,000$105,826.81-5.5%
Peru2224-8.3%$90,000$83,2508.1%
Mendota1223-47.8%$78,625$78,0000.8%
Cedar Point10-$78,000$0-
Earlville105100%$73,250$119,900-38.9%
LaSalle211540%$72,500$75,000-3.3%
Lostant110%$66,000$1,5004300%
Streator352825%$36,000$62,500-42.4%

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