Quantcast

Illinois Valley Times

Tuesday, November 19, 2024

Peru home prices fall in August 2017

Re 10

The median sale price of a home sold in August 2017 in Peru fell by $35,000 while total sales decreased by 30.8%, according to BlockShopper.com.

In August 2017, there were nine homes sold, with a median sale price of $78,500 - a 30.8% decrease over the $113,500 median sale price for the same period of the previous year. There were 13 homes sold in Peru in August 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 2.7%.

The following table compares Peru 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)
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%
Ransom10-$53,500$0-

MORE NEWS