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Saturday, November 23, 2024

Millington (LaSalle County) home prices fall in 2017

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The median sale price of a home sold in 2017 in Millington in LaSalle County fell by $76,500 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

From January through December of 2017, there were six homes sold, with a median sale price of $159,500 - a 32.4% decrease over the $236,000 median sale price for the previous year. There were six homes sold in Millington in 2016, as well.

The median sales tax in Millington for 2017 was $3,911. In 2016, the median sales tax was $3,903. This marks an increase of 0.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Millington to other LaSalle County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Lake Holiday968118.5%$184,450$179,0003%
Somonauk61500%$168,700$105,00060.7%
North Utica201625%$165,000$165,500-0.3%
Serena9728.6%$162,500$160,0001.6%
Dayton7475%$160,500$247,500-35.2%
Millington660%$159,500$236,000-32.4%
Grand Ridge410-60%$151,500$70,250115.7%
Tonica1020-50%$150,000$130,50014.9%
Seneca3745-17.8%$140,000$147,500-5.1%
Earlville2034-41.2%$126,500$122,0003.7%
Leland1924-20.8%$120,000$141,450-15.2%
* This story only considers sales data for the part of Millington that is in LaSalle County.

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