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Illinois Valley Times

Tuesday, December 24, 2024

Marseilles home prices fall in April 2017

Realestate2

The median sale price of a home sold in April 2017 in Marseilles fell by $250 while total sales decreased by 12.5%, according to BlockShopper.com.

In April 2017, there were seven homes sold, with a median sale price of $130,500 - a 0.2% decrease over the $130,750 median sale price for the same period of the previous year. There were eight homes sold in Marseilles in April 2016.

The median sales tax in Marseilles for 2017 was $3,022. In 2016, the median sales tax was $2,952. This marks an increase of 2.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

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

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Serena10-$249,000$0-
Sheridan4333.3%$200,000$105,00090.5%
Lake Holiday11837.5%$157,500$237,500-33.7%
Millington110%$150,000$379,000-60.4%
Seneca30-$140,000$0-
Marseilles78-12.5%$130,500$130,750-0.2%
Ottawa2124-12.5%$125,000$105,00019%
Leland12-50%$116,550$170,950-31.8%
Tonica13-66.7%$112,000$100,00012%
Peru810-20%$110,000$67,25063.6%
Mendota7616.7%$105,000$94,50011.1%

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