From October through December of 2018, there were 33 homes sold, with a median sale price of $75,600 - a 5.5% decrease over the $80,000 median sale price for the same period of the previous year. There were 39 homes sold in Pontiac in the fourth quarter of 2017.
The median sales tax in Pontiac for 2018 was $2,203. In 2017, the median sales tax was $2,186. This marks an increase of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.
The following table compares Pontiac to other Livingston County cities in the fourth quarter of 2018:
| City | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Dwight | 18 | 17 | 5.9% | $102,000 | $125,000 | -18.4% |
| Saunemin | 2 | 0 | - | $85,000 | $0 | - |
| Forrest | 7 | 6 | 16.7% | $80,000 | $145,000 | -44.8% |
| Odell | 7 | 6 | 16.7% | $76,000 | $87,000 | -12.6% |
| Pontiac | 33 | 39 | -15.4% | $75,600 | $80,000 | -5.5% |
| Fairbury | 12 | 10 | 20% | $75,000 | $105,000 | -28.6% |
| Flanagan | 6 | 7 | -14.3% | $60,750 | $84,500 | -28.1% |
| Cornell | 5 | 1 | 400% | $48,000 | $75,000 | -36% |
| Cullom | 4 | 2 | 100% | $5,000 | $30,000 | -83.3% |
| Chatsworth | 0 | 0 | - | $0 | $0 | - |
| Streator | 0 | 0 | - | $0 | $0 | - |
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