Quantcast

Illinois Valley Times

Tuesday, November 19, 2024

Oglesby home prices rise in August 2017

Realestate2

The median sale price of a home sold in August 2017 in Oglesby rose by $85,000 while total sales increased by 16.7%, according to BlockShopper.com.

In August 2017, there were seven homes sold, with a median sale price of $115,000 - a 283.3% increase over the $30,000 median sale price for the same period of the previous year. There were six homes sold in Oglesby in August 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 1.9%.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Somonauk40-$168,700$0-
Dayton30-$160,500$0-
Mendota811-27.3%$155,000$70,000121.4%
Ottawa31310%$133,750$125,5006.6%
Seneca51400%$130,000$125,0004%
Oglesby7616.7%$115,000$30,000283.3%
North Utica13-66.7%$79,500$110,000-27.7%
Peru913-30.8%$78,500$113,500-30.8%
Sheridan440%$77,500$162,500-52.3%
Streator822-63.6%$70,000$53,25031.5%
LaSalle161323.1%$68,000$49,00038.8%

MORE NEWS