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Sunday, November 24, 2024

The second half of 2017: Home prices in Dwight increased

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The median sale price of a home sold in the second half of 2017 in Dwight rose by $17,500 while total sales increased by 6.9%, according to BlockShopper.com.

From July through December of 2017, there were 31 homes sold, with a median sale price of $115,000 - a 17.9% increase over the $97,500 median sale price for the same period of the previous year. There were 29 homes sold in Dwight in the second half of 2016.

The median sales tax in Dwight for 2017 was $2,568. In 2016, the median sales tax was $2,417. This marks an increase of 6.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Dwight to other Livingston County cities in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Forrest9812.5%$139,000$83,00067.5%
Dwight31296.9%$115,000$97,50017.9%
Odell131118.2%$84,000$79,0006.3%
Fairbury18180%$83,500$78,0007.1%
Saunemin28-75%$81,500$35,000132.9%
Pontiac71676%$80,000$68,00017.6%
Flanagan171241.7%$74,200$66,00012.4%
Cornell42100%$61,500$113,750-45.9%
Streator220%$38,750$6,262518.8%
Cullom34-25%$17,000$56,450-69.9%
Chatsworth36-50%$15,000$26,500-43.4%

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