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Illinois Valley Times

Friday, December 27, 2024

Leland home prices fall in September 2018

Re 13

The median sale price of a home sold in September 2018 in Leland fell by $41,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In September 2018, there were two homes sold, with a median sale price of $92,250 - a 31.2% decrease over the $134,000 median sale price for the same period of the previous year. There were two homes sold in Leland in September 2017, as well.

The median sales tax in Leland for the most recent year with available data, 2017, was $3,862, approximately 4.2% of the median home sale price for September 2018.

The following table compares Leland 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)
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%
Streator2310130%$58,000$49,00018.4%

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