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Sunday, November 24, 2024

Ottawa home prices rise in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Ottawa rose by $16,250 while total sales decreased by 75.4%, according to BlockShopper.com.

From January through June of 2019, there were 42 homes sold, with a median sale price of $126,750 - a 14.7% increase over the $110,500 median sale price for the same period of the previous year. There were 171 homes sold in Ottawa in the first half 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 first half of 2019.

The following table compares Ottawa to other LaSalle County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Grand Ridge110-90%$200,000$92,500116.2%
Lake Holiday1061-83.6%$200,000$202,000-1%
Earlville219-89.5%$145,000$72,500100%
Marseilles1554-72.2%$129,000$108,63518.7%
Serena15-80%$128,000$150,000-14.7%
Ottawa42171-75.4%$126,750$110,50014.7%
Oglesby932-71.9%$113,000$118,500-4.6%
Sheridan214-85.7%$110,000$217,500-49.4%
North Utica211-81.8%$90,500$178,000-49.2%
Peru1367-80.6%$89,900$100,000-10.1%
Millington24-50%$83,000$120,500-31.1%

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