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Illinois Valley Times

Saturday, September 28, 2024

Oglesby home prices fall in April 2017

Realestate2

The median sale price of a home sold in April 2017 in Oglesby fell by $44,500 while total sales increased by 25%, according to BlockShopper.com.

In April 2017, there were five homes sold, with a median sale price of $89,000 - a 33.3% decrease over the $133,500 median sale price for the same period of the previous year. There were four homes sold in Oglesby in April 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 2.5%.

The following table compares Oglesby 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)
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-
LaSalle510-50%$89,900$20,000349.5%
Oglesby5425%$89,000$133,500-33.3%
Streator181163.6%$74,250$65,50013.4%
Lostant12-50%$69,000$67,7501.8%
Earlville12-50%$30,000$100,000-70%
Rutland20-$25,088$0-

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