Quantcast

McLean County Times

Saturday, November 23, 2024

The first half of 2017: Odell experienced a 65.5% drop in median home prices

Re 14

The median sale price of a home sold in the first half of 2017 in Odell fell by $71,400 while total sales increased by 114.3%, according to BlockShopper.com.

From January through June of 2017, there were 15 homes sold, with a median sale price of $37,600 - a 65.5% decrease over the $109,000 median sale price for the same period of the previous year. There were seven homes sold in Odell in the first half of 2016.

The median sales tax in Odell for 2017 was $1,858. In 2016, the median sales tax was $1,833. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.9%.

The following table compares Odell to other Livingston County cities in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Forrest79-22.2%$105,000$87,00020.7%
Dwight322910.3%$88,750$88,0000.9%
Pontiac75750%$87,500$74,50017.4%
Cullom62200%$79,950$51,50055.2%
Cornell28-75%$77,250$56,53636.6%
Fairbury1421-33.3%$64,000$90,000-28.9%
Flanagan16160%$51,400.50$52,450-2%
Odell157114.3%$37,600$109,000-65.5%
Chatsworth61500%$35,000$60,000-41.7%
Saunemin42100%$12,464.50$46,250-73%
Streator00-$0$0-

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS