From January through December of 2017, there were 146 homes sold, with a median sale price of $87,000 - a 24.7% increase over the $69,750 median sale price for the previous year. There were 142 homes sold in Pontiac in 2016.
The median sales tax in Pontiac for 2017 was $2,186. In 2016, the median sales tax was $2,194. This marks an decrease of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.
The following table compares Pontiac to other Livingston County cities in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Forrest | 16 | 17 | -5.9% | $134,500 | $85,000 | 58.2% |
| Dwight | 63 | 58 | 8.6% | $93,000 | $96,387.50 | -3.5% |
| Pontiac | 146 | 142 | 2.8% | $87,000 | $69,750 | 24.7% |
| Fairbury | 32 | 39 | -17.9% | $80,000 | $81,000 | -1.2% |
| Odell | 28 | 18 | 55.6% | $74,500 | $83,000 | -10.2% |
| Cornell | 6 | 10 | -40% | $70,750 | $56,536 | 25.1% |
| Flanagan | 33 | 28 | 17.9% | $65,000 | $59,750 | 8.8% |
| Cullom | 9 | 6 | 50% | $50,880 | $56,450 | -9.9% |
| Streator | 2 | 2 | 0% | $38,750 | $6,262 | 518.8% |
| Chatsworth | 9 | 7 | 28.6% | $35,000 | $28,000 | 25% |
| Saunemin | 6 | 10 | -40% | $31,464.50 | $37,000 | -15% |
Alerts Sign-up