Quantcast

Illinois Valley Times

Saturday, November 23, 2024

Peru home prices fall in December 2017

Re 1

The median sale price of a home sold in December 2017 in Peru fell by $2,500 while total sales increased by 36.4%, according to BlockShopper.com.

In December 2017, there were 15 homes sold, with a median sale price of $100,000 - a 2.4% decrease over the $102,500 median sale price for the same period of the previous year. There were 11 homes sold in Peru in December 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 2.1%.

The following table compares Peru 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)
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%
LaSalle815-46.7%$75,500$54,00039.8%

MORE NEWS