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Saturday, November 23, 2024

Cullom median home prices rose by 55.2% in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Cullom rose by $28,450 while total sales increased by 200%, according to BlockShopper.com.

From January through June of 2017, there were six homes sold, with a median sale price of $79,950 - a 55.2% 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 half of 2016.

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 1.7%.

The following table compares Cullom 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-

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