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Illinois Valley Times

Saturday, November 2, 2024

April: Oglesby experienced a 32.3% drop in median home prices

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The median sale price of a home sold in April in Oglesby fell by $45,500 while total sales decreased by 44.4 percent, according to BlockShopper.com.

In April, there were five homes sold, with a median sale price of $95,500 - a 32.3 percent decrease from the $141,000 median sale price for the same period of the previous year. There were nine homes sold in Oglesby in April 2021.

The median sales tax in Oglesby for the most recent year with available data, 2018, was $2,174, approximately 2.3 percent of the median home sale price for April.

The following table compares Oglesby to other LaSalle County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Grand Ridge110$175,000$78,000124.4
Earlville5366.7$160,000$120,00033.3
Marseilles990$153,000$128,00019.5
Ottawa2234-35.3$142,500$124,50014.5
Peru810-20$135,250$112,50020.2
Mendota1012-16.7$97,250$89,0009.3
Oglesby59-44.4$95,500$141,000-32.3
Streator241926.3$68,000$55,00023.6
LaSalle13785.7$65,000$51,00027.5
Lostant10-$29,500$0-
Tonica10-$20,000$0-

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