From January through December of 2018, there were 175 homes sold, with a median sale price of $79,000 - a 9.2% decrease over the $87,000 median sale price for the previous year. There were 146 homes sold in Pontiac in 2017.
The median sales tax in Pontiac for 2018 was $2,203. In 2017, the median sales tax was $2,186. This marks an increase of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.
The following table compares Pontiac to other Livingston County cities in 2018:
| City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Streator | 2 | 2 | 0% | $165,000 | $38,750 | 325.8% |
| Dwight | 75 | 63 | 19% | $108,000 | $93,000 | 16.1% |
| Forrest | 16 | 16 | 0% | $80,000 | $134,500 | -40.5% |
| Pontiac | 175 | 146 | 19.9% | $79,000 | $87,000 | -9.2% |
| Fairbury | 44 | 32 | 37.5% | $74,500 | $80,000 | -6.9% |
| Flanagan | 19 | 33 | -42.4% | $70,000 | $65,000 | 7.7% |
| Odell | 23 | 28 | -17.9% | $69,900 | $74,500 | -6.2% |
| Cornell | 10 | 6 | 66.7% | $59,250 | $70,750 | -16.3% |
| Chatsworth | 3 | 9 | -66.7% | $42,000 | $35,000 | 20% |
| Saunemin | 5 | 6 | -16.7% | $40,000 | $31,464.50 | 27.1% |
| Cullom | 12 | 9 | 33.3% | $25,000 | $50,880 | -50.9% |
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