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Sunday, November 24, 2024

How did home prices perform in Dwight during the first quarter of 2018?

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The median sale price of a home sold in the first quarter of 2018 in Dwight rose by $34,750 while total sales decreased by 35.7%, according to BlockShopper.com.

From January through March of 2018, there were nine homes sold, with a median sale price of $117,500 - a 42% increase over the $82,750 median sale price for the same period of the previous year. There were 14 homes sold in Dwight in the first quarter of 2017.

The median sales tax in Dwight for 2018 was $2,811. In 2017, the median sales tax was $2,568. This marks an increase of 9.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Dwight to other Livingston County cities in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Fairbury47-42.9%$126,500$50,000153%
Dwight914-35.7%$117,500$82,75042%
Flanagan26-66.7%$111,500$54,500104.6%
Pontiac362924.1%$84,250$87,500-3.7%
Cornell10-$70,500$0-
Odell56-16.7%$60,000$37,30560.8%
Chatsworth220%$53,500$20,600159.7%
Cullom220%$45,750$67,500-32.2%
Forrest03-100%$0$105,000-100%
Saunemin01-100%$0$10,000-100%
Streator00-$0$0-

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