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Illinois Valley Times

Saturday, November 23, 2024

Lake Holiday home prices rise in December 2017

Realestate077

The median sale price of a home sold in December 2017 in Lake Holiday rose by $31,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In December 2017, there were six homes sold, with a median sale price of $206,500 - a 17.7% increase over the $175,500 median sale price for the same period of the previous year. There were nine homes sold in Lake Holiday in December 2016.

The median sales tax in Lake Holiday for 2017 was $4,493. In 2016, the median sales tax was $4,453. This marks an increase of 0.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Lake Holiday to other LaSalle County cities with similar median sales prices in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Leland220%$330,000$215,00053.5%
Tonica12-50%$225,000$95,000136.8%
Lake Holiday69-33.3%$206,500$175,50017.7%
Earlville330%$153,000$122,00025.4%
Ottawa2933-12.1%$114,000$133,000-14.3%
Sheridan25-60%$104,500$185,000-43.5%
Peru151136.4%$100,000$102,500-2.4%
Oglesby37-57.1%$99,500$85,00017.1%
Cedar Point10-$86,000$0-
Seneca440%$84,500$125,000-32.4%
Marseilles125140%$83,000$88,000-5.7%

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