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Illinois Valley Times

Saturday, November 23, 2024

Oglesby home prices fall in March 2017

Realestate077

The median sale price of a home sold in March 2017 in Oglesby fell by $4,000 while total sales increased by 150%, according to BlockShopper.com.

In March 2017, there were five homes sold, with a median sale price of $125,000 - a 3.1% decrease over the $129,000 median sale price for the same period of the previous year. There were two homes sold in Oglesby in March 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 1.8%.

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

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
North Utica41300%$195,250$149,00031%
Tonica13-66.7%$175,500$50,000251%
Lake Holiday91800%$166,540$134,50023.8%
Seneca24-50%$162,500$237,000-31.4%
Sheridan31200%$134,000$125,0007.2%
Oglesby52150%$125,000$129,000-3.1%
Ottawa251656.3%$120,000$119,0000.8%
Earlville12-50%$119,900$105,50013.6%
LaSalle311-72.7%$112,000$58,00093.1%
Mendota125140%$79,000$85,000-7.1%
Marseilles660%$75,000$97,500-23.1%

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