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Illinois Valley Times

Tuesday, December 24, 2024

Oglesby home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Oglesby rose by $44,720 while total sales increased by 66.7%, according to BlockShopper.com.

In January 2017, there were five homes sold, with a median sale price of $78,500 - a 132.4% increase over the $33,780 median sale price for the same period of the previous year. There were three homes sold in Oglesby in January 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 2.8%.

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

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Sheridan23-33.3%$131,250$220,000-40.3%
Streator1014-28.6%$106,500$33,000222.7%
Ottawa221546.7%$95,250$55,00073.2%
Peru9650%$92,000$82,75011.2%
Marseilles35-40%$89,500$65,00037.7%
Oglesby5366.7%$78,500$33,780132.4%
LaSalle63100%$51,750$64,000-19.1%
Mendota45-20%$51,500$70,000-26.4%
Seneca14-75%$40,000$139,000-71.2%
Sandwich10-$25,000$0-
Lostant110%$1,500$93,000-98.4%

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