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Illinois Valley Times

Monday, November 18, 2024

Oglesby home prices fall in September 2017

Realestate3

The median sale price of a home sold in September 2017 in Oglesby fell by $79,000 while total sales increased by 33.3%, according to BlockShopper.com.

In September 2017, there were eight homes sold, with a median sale price of $85,000 - a 48.2% decrease over the $164,000 median sale price for the same period of the previous year. There were six homes sold in Oglesby in September 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 2.6%.

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

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Tonica12-50%$130,000$117,25010.9%
North Utica31200%$127,500$182,000-29.9%
Ransom110%$112,500$125,000-10%
Ottawa2131-32.3%$104,000$118,500-12.2%
Mendota37-57.1%$101,000$47,300113.5%
Sheridan14-75%$90,000$201,250-55.3%
Oglesby8633.3%$85,000$164,000-48.2%
Marseilles313-76.9%$80,000$100,000-20%
Dayton110%$75,000$260,000-71.2%
Streator1018-44.4%$49,000$67,000-26.9%
Rutland10-$35,650$0-

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