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Illinois Valley Times

Saturday, December 28, 2024

Marseilles home prices rise in September 2018

Realestate5

The median sale price of a home sold in September 2018 in Marseilles rose by $14,000 while total sales increased by 200%, according to BlockShopper.com.

In September 2018, there were nine homes sold, with a median sale price of $94,000 - a 17.5% increase over the $80,000 median sale price for the same period of the previous year. There were three homes sold in Marseilles in September 2017.

The median sales tax in Marseilles for the most recent year with available data, 2017, was $3,022, approximately 3.2% of the median home sale price for September 2018.

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

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
North Utica330%$180,000$127,50041.2%
Somonauk10-$172,500$0-
Ottawa1921-9.5%$142,000$104,00036.5%
Millington110%$142,000$169,000-16%
Mendota143366.7%$121,000$101,00019.8%
Marseilles93200%$94,000$80,00017.5%
Leland220%$92,250$134,000-31.2%
Ransom21100%$80,000$112,500-28.9%
Tonica110%$80,000$130,000-38.5%
Oglesby48-50%$79,000$85,000-7.1%
Peru178112.5%$77,500$138,450-44%

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