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Illinois Valley Times

Tuesday, September 16, 2025

Leland home prices fall in the second quarter of 2020

Webp realestate5

The median sale price of a home sold in the second quarter of 2020 in Leland fell by $227,500 while total sales increased by 166.7%, according to BlockShopper.com.

From April through June of 2020, there were eight homes sold, with a median sale price of $157,500 - a 59.1% decrease over the $385,000 median sale price for the same period of the previous year. There were three homes sold in Leland in the second quarter of 2019.

The median sales tax in Leland for the most recent year with available data, 2018, was $4,039, approximately 2.6% of the median home sale price for the second quarter of 2020.

The following table compares Leland to other LaSalle County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Millington10-$350,000$0-
Dayton41300%$335,000$285,00017.5%
Sheridan59-44.4%$200,000$181,00010.5%
Lake Holiday2442-42.9%$197,750$224,000-11.7%
Seneca78-12.5%$185,000$139,00033.1%
Leland83166.7%$157,500$385,000-59.1%
Ottawa80103-22.3%$128,250$120,0006.9%
Oglesby1620-20%$119,000$81,000.5046.9%
Marseilles2537-32.4%$105,000$113,900-7.8%
Peru3245-28.9%$101,000$90,00012.2%
LaSalle2544-43.2%$100,000$66,75049.8%

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