Quantcast

Illinois Valley Times

Saturday, November 23, 2024

Oglesby 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 Oglesby rose by $24,362 while total sales decreased by 17.5%, according to BlockShopper.com.

From July through December of 2017, there were 33 homes sold, with a median sale price of $99,500 - a 32.4% increase over the $75,139 median sale price for the same period of the previous year. There were 40 homes sold in Oglesby in the second half of 2016.

The median sales tax in Oglesby for 2017 was $2,204. In 2016, the median sales tax was $2,248. This marks an decrease of 2%. 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 Oglesby 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)
Sheridan1820-10%$154,500$169,000-8.6%
Seneca2127-22.2%$150,000$150,0000%
Earlville615-60%$141,500$135,0004.8%
Leland1017-41.2%$134,000$150,000-10.7%
Ottawa1811734.6%$100,000$125,000-20%
Oglesby3340-17.5%$99,500$75,138.5032.4%
Peru6079-24.1%$96,500$115,000-16.1%
Marseilles2647-44.7%$95,000$107,000-11.2%
Cedar Point110%$86,000$80,0007.5%
LaSalle6169-11.6%$85,000$59,00044.1%
Mendota4555-18.2%$85,000$100,000-15%

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