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McLean County Times

Wednesday, December 4, 2024

Cullom median home prices rose by 31.1% in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Cullom rose by $16,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through March of 2017, there were two homes sold, with a median sale price of $67,500 - a 31.1% increase over the $51,500 median sale price for the same period of the previous year. There were two homes sold in Cullom in the first quarter of 2016, as well.

The median sales tax in Cullom for 2017 was $1,345. In 2016, the median sales tax was $1,358. This marks an decrease of 1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Cullom to other Livingston County cities in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Forrest35-40%$105,000$105,0000%
Pontiac29283.6%$87,500$73,75018.6%
Dwight14955.6%$82,750$88,000-6%
Cullom220%$67,500$51,50031.1%
Flanagan6520%$54,500$54,900-0.7%
Fairbury770%$50,000$69,000-27.5%
Odell6450%$37,305$58,250-36%
Chatsworth20-$20,600$0-
Saunemin10-$10,000$0-
Streator00-$0$0-
Cornell05-100%$0$20,000-100%

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