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Illinois Valley Times

Saturday, November 23, 2024

Peru home prices rise in March 2017

Realestate5

The median sale price of a home sold in March 2017 in Peru rose by $11,300 while total sales decreased by 33.3%, according to BlockShopper.com.

In March 2017, there were eight homes sold, with a median sale price of $71,500 - a 18.8% increase over the $60,200 median sale price for the same period of the previous year. There were 12 homes sold in Peru in March 2016.

The median sales tax in Peru for 2017 was $2,143. In 2016, the median sales tax was $2,055. This marks an increase of 4.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares Peru 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)
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%
Peru812-33.3%$71,500$60,20018.8%
Streator1016-37.5%$31,000$53,000-41.5%
Rutland110%$3,000$28,000-89.3%

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