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Illinois Valley Times

Monday, November 25, 2024

Sheridan home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Sheridan fell by $62,550 while total sales increased by 66.7%, according to BlockShopper.com.

In July 2018, there were 10 homes sold, with a median sale price of $198,450 - a 24% decrease over the $261,000 median sale price for the same period of the previous year. There were six homes sold in Sheridan in July 2017.

The median sales tax in Sheridan for the most recent year with available data, 2017, was $3,375, approximately 1.7% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
North Utica23-33.3%$305,500$317,500-3.8%
Lake Holiday10100%$242,500$170,45042.3%
Sheridan10666.7%$198,450$261,000-24%
Millington21100%$191,000$278,000-31.3%
Seneca63100%$130,000$274,000-52.6%
Earlville30-$125,000$0-
Leland30-$120,000$0-
Mendota550%$118,500$32,000270.3%
Marseilles90-$113,000$0-
Ottawa38365.6%$107,500$95,25012.9%
Peru177142.9%$105,000$95,5009.9%

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