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Sunday, November 24, 2024

Ottawa home prices rise in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Ottawa rose by $14,250 while total sales decreased by 91.4%, according to BlockShopper.com.

From April through June of 2019, there were 10 homes sold, with a median sale price of $128,750 - a 12.4% increase over the $114,500 median sale price for the same period of the previous year. There were 116 homes sold in Ottawa in the second quarter of 2018.

The median sales tax in Ottawa for the most recent year with available data, 2017, was $3,169, approximately 2.5% of the median home sale price for the second quarter of 2019.

The following table compares Ottawa to other LaSalle County cities in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Lake Holiday442-90.5%$211,500$203,5003.9%
Leland19-88.9%$173,000$173,0000%
Earlville19-88.9%$155,000$72,500113.8%
Marseilles637-83.8%$153,500$105,00046.2%
Ottawa10116-91.4%$128,750$114,50012.4%
Serena13-66.7%$128,000$150,000-14.7%
Mendota120-95%$87,000$83,7503.9%
LaSalle438-89.5%$62,250$75,500-17.5%
Oglesby416-75%$54,250$118,500-54.2%
Peru245-95.6%$46,500$100,000-53.5%
Streator852-84.6%$35,000$52,700-33.6%
Ransom01-100%$0$80,000-100%
Sheridan010-100%$0$220,000-100%
Lostant03-100%$0$86,500-100%
Tonica05-100%$0$73,500-100%
Grand Ridge03-100%$0$75,500-100%
Millington04-100%$0$120,500-100%
Sandwich02-100%$0$347,500-100%
Cedar Point03-100%$0$65,000-100%
Somonauk01-100%$0$195,000-100%
Seneca014-100%$0$152,500-100%
North Utica08-100%$0$192,750-100%
Dayton04-100%$0$155,250-100%
Rutland02-100%$0$11,388.50-100%

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