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Saturday, September 28, 2024

Earlville home prices fall in May 2018

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The median sale price of a home sold in May 2018 in Earlville fell by $11,250 while total sales decreased by 20%, according to BlockShopper.com.

In May 2018, there were four homes sold, with a median sale price of $108,750 - a 9.4% decrease over the $120,000 median sale price for the same period of the previous year. There were five homes sold in Earlville in May 2017.

The median sales tax in Earlville for the most recent year with available data, 2017, was $2,746, approximately 2.5% of the median home sale price for May 2018.

The following table compares Earlville to other LaSalle County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
North Utica110%$178,000$79,900122.8%
Mendota311-72.7%$138,000$100,00038%
Peru17166.3%$123,000$96,50027.5%
Ottawa4517164.7%$110,500$160,000-30.9%
Marseilles171330.8%$110,000$85,50028.7%
Earlville45-20%$108,750$120,000-9.4%
Tonica31200%$88,000$35,000151.4%
Grand Ridge10-$85,000$0-
Millington21100%$82,300$107,000-23.1%
Ransom110%$80,000$85,000-5.9%
Cedar Point220%$70,000$74,000-5.4%

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