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Illinois Valley Times

Tuesday, December 24, 2024

Ottawa home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Ottawa rose by $20,000 while total sales decreased by 12.5%, according to BlockShopper.com.

In April 2017, there were 21 homes sold, with a median sale price of $125,000 - a 19% increase over the $105,000 median sale price for the same period of the previous year. There were 24 homes sold in Ottawa in April 2016.

The median sales tax in Ottawa for 2017 was $3,169. In 2016, the median sales tax was $3,043. This marks an increase of 4.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Ottawa 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)
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%
North Utica10-$92,000$0-

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