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Illinois Valley Times

Saturday, November 16, 2024

Peru home prices fall in November 2017

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The median sale price of a home sold in November 2017 in Peru fell by $72,500 while total sales remained unchanged with 12 homes sold, according to BlockShopper.com.

In November 2017, there were 12 homes sold, with a median sale price of $32,500 - a 69% decrease over the $105,000 median sale price for the same period of the previous year. There were 12 homes sold in Peru in November 2016, as well.

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 6.6%.

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

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Marseilles115120%$105,000$79,00032.9%
Ottawa382552%$95,750$122,000-21.5%
Oglesby510-50%$95,000$93,2501.9%
LaSalle12771.4%$91,250$75,00021.7%
Sheridan36-50%$84,000$158,500-47%
Leland41300%$83,750$230,000-63.6%
Mendota15966.7%$82,500$97,000-14.9%
Ransom21100%$76,750$40,00091.9%
Dayton10-$66,500$0-
Streator201625%$47,000$46,9500.1%
Peru12120%$32,500$105,000-69%

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