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McLean County Times

Tuesday, November 26, 2024

Median home prices in Pontiac fell to $73,500 in October 2019

Realestate077

The median sale price of a home sold in October 2019 in Pontiac fell by $6,000 while total sales remained unchanged with 16 homes sold, according to BlockShopper.com.

In October 2019, there were 16 homes sold, with a median sale price of $73,500 - a 7.5% decrease over the $79,500 median sale price for the same period of the previous year. There were 16 homes sold in Pontiac in October 2018, as well.

The median sales tax in Pontiac for 2019 was $2,084. In 2018, the median sales tax was $2,203. This marks an decrease of 5.4%. 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 October 2019:

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Cullom14-75%$150,000$5,0002900%
Dwight68-25%$136,750$127,5007.3%
Odell13-66.7%$99,900$45,000122%
Pontiac16160%$73,500$79,500-7.5%
Fairbury45-20%$65,000$72,000-9.7%
Saunemin110%$42,503$130,000-67.3%
Flanagan12-50%$23,571$78,000-69.8%
Cornell01-100%$0$17,500-100%
Chatsworth00-$0$0-
Streator00-$0$0-
Forrest03-100%$0$100,000-100%

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