Quantcast

Illinois Valley Times

Saturday, November 23, 2024

Lake Holiday home prices rise in the second half of 2017

Realestate2

The median sale price of a home sold in the second half of 2017 in Lake Holiday rose by $11,750 while total sales remained unchanged with 54 homes sold, according to BlockShopper.com.

From July through December of 2017, there were 54 homes sold, with a median sale price of $187,000 - a 6.7% increase over the $175,250 median sale price for the same period of the previous year. There were 54 homes sold in Lake Holiday in the second half of 2016, as well.

The median sales tax in Lake Holiday for 2017 was $4,493. In 2016, the median sales tax was $4,453. This marks an increase of 0.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Lake Holiday to other LaSalle County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Tonica413-69.2%$223,750$135,00065.7%
Millington220%$223,500$214,875.504%
North Utica910-10%$220,000$183,00020.2%
Sandwich110%$194,000$240,000-19.2%
Serena63100%$193,750$136,90041.5%
Lake Holiday54540%$187,000$175,2506.7%
Lostant16-83.3%$180,000$108,20066.4%
Somonauk40-$168,700$0-
Sheridan1820-10%$154,500$169,000-8.6%
Seneca2127-22.2%$150,000$150,0000%
Earlville615-60%$141,500$135,0004.8%

MORE NEWS