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Illinois Valley Times

Saturday, November 23, 2024

Streator home prices fall in December 2017

Realestate2

The median sale price of a home sold in December 2017 in Streator fell by $19,313 while total sales increased by 75%, according to BlockShopper.com.

In December 2017, there were 28 homes sold, with a median sale price of $52,500 - a 26.9% decrease over the $71,813 median sale price for the same period of the previous year. There were 16 homes sold in Streator in December 2016.

The median sales tax in Streator for 2017 was $1,473. In 2016, the median sales tax was $1,483. This marks an decrease of 0.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Streator 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)
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%
Ransom21100%$67,500$31,000117.7%
Mendota990%$57,000$114,000-50%
Streator281675%$52,500$71,812.50-26.9%

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