From January through December of 2017, there were four homes sold, with a median sale price of $74,000 - a 7.2% increase over the $69,000 median sale price for the previous year. There were two homes sold in Cedar Point in 2016.
The median sales tax in Cedar Point for 2017 was $1,485. In 2016, the median sales tax was $1,534. This marks an decrease of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.
The following table compares Cedar Point to other LaSalle County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Ottawa | 327 | 308 | 6.2% | $107,500 | $119,725 | -10.2% |
| Mendota | 95 | 93 | 2.2% | $100,000 | $94,000 | 6.4% |
| Marseilles | 71 | 91 | -22% | $97,000 | $119,000 | -18.5% |
| Peru | 125 | 151 | -17.2% | $96,000 | $109,000 | -11.9% |
| Oglesby | 68 | 64 | 6.3% | $89,750 | $78,250 | 14.7% |
| LaSalle | 111 | 127 | -12.6% | $79,500 | $59,000 | 34.7% |
| Cedar Point | 4 | 2 | 100% | $74,000 | $69,000 | 7.2% |
| Lostant | 5 | 11 | -54.5% | $69,000 | $81,400 | -15.2% |
| Streator | 169 | 186 | -9.1% | $60,000 | $49,000 | 22.4% |
| Ransom | 9 | 6 | 50% | $55,000 | $82,500 | -33.3% |
| Rutland | 5 | 5 | 0% | $27,000 | $30,000 | -10% |
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