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Friday, December 27, 2024

Ransom home prices fall in the third quarter of 2018

Realestate5

The median sale price of a home sold in the third quarter of 2018 in Ransom fell by $18,800 while total sales increased by 100%, according to BlockShopper.com.

From July through September of 2018, there were four homes sold, with a median sale price of $64,200 - a 22.7% decrease over the $83,000 median sale price for the same period of the previous year. There were two homes sold in Ransom in the third quarter of 2017.

The median sales tax in Ransom for the most recent year with available data, 2017, was $1,620.90, approximately 2.5% of the median home sale price for the third quarter of 2018.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Mendota271668.8%$118,500$93,00027.4%
Peru4824100%$107,500$99,7007.8%
Marseilles3431033.3%$100,269$80,00025.3%
Tonica83166.7%$92,000$222,500-58.7%
Oglesby1819-5.3%$87,500$95,000-7.9%
Earlville80-$84,850$0-
Ransom42100%$64,200$83,000-22.7%
LaSalle373215.6%$60,000$76,500-21.6%
Streator8128189.3%$59,000$67,500-12.6%
Lostant61500%$44,500$180,000-75.3%
Grand Ridge40-$42,500$0-

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