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Sunday, November 24, 2024

Mendota home prices fall 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 Mendota fell by $2,425 while total sales decreased by 81.3%, according to BlockShopper.com.

From January through June of 2019, there were six homes sold, with a median sale price of $76,200 - a 3.1% decrease over the $78,625 median sale price for the same period of the previous year. There were 32 homes sold in Mendota in the first half of 2018.

The median sales tax in Mendota for the most recent year with available data, 2017, was $2,387, approximately 3.1% of the median home sale price for the first half of 2019.

The following table compares Mendota 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)
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%
Mendota632-81.3%$76,200$78,625-3.1%
LaSalle1360-78.3%$60,000$74,000-18.9%
Streator2589-71.9%$36,000$48,000-25%
Lostant14-75%$20,000$76,250-73.8%

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