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Saturday, November 23, 2024

Earlville home prices rise in December 2017

Re 12

The median sale price of a home sold in December 2017 in Earlville rose by $31,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In December 2017, there were three homes sold, with a median sale price of $153,000 - a 25.4% increase over the $122,000 median sale price for the same period of the previous year. There were three homes sold in Earlville in December 2016, as well.

The median sales tax in Earlville for 2017 was $2,746. In 2016, the median sales tax was $2,563. This marks an increase of 7.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares Earlville 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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