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McLean County Times

Saturday, May 18, 2024

Home prices increased in Pontiac during March 2017

Realestate5

The median sale price of a home sold in March 2017 in Pontiac rose by $21,250 while total sales increased by 62.5%, according to BlockShopper.com.

In March 2017, there were 13 homes sold, with a median sale price of $80,000 - a 36.2% increase over the $58,750 median sale price for the same period of the previous year. There were eight homes sold in Pontiac in March 2016.

The median sales tax in Pontiac for 2017 was $2,186. In 2016, the median sales tax was $2,194. This marks an decrease of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

The following table compares Pontiac to other Livingston County cities in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Forrest23-33.3%$192,500$105,00083.3%
Dwight41300%$129,750$77,60067.2%
Cullom110%$90,000$20,000350%
Pontiac13862.5%$80,000$58,75036.2%
Fairbury23-33.3%$48,900.50$161,450-69.7%
Odell52150%$37,010$99,500-62.8%
Chatsworth10-$35,000$0-
Flanagan51400%$34,000$20,00070%
Saunemin00-$0$0-
Cornell02-100%$0$37,036-100%
Streator00-$0$0-

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