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Illinois Valley Times

Monday, November 25, 2024

Mendota home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Mendota rose by $86,500 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In July 2018, there were five homes sold, with a median sale price of $118,500 - a 270.3% increase over the $32,000 median sale price for the same period of the previous year. There were five homes sold in Mendota in July 2017, as well.

The median sales tax in Mendota for the most recent year with available data, 2017, was $2,387, approximately 2% of the median home sale price for July 2018.

The following table compares Mendota 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)
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%
Tonica21100%$97,000$222,500-56.4%
Oglesby104150%$80,625$155,500-48.2%

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