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McLean County Times

Saturday, November 2, 2024

Falling home prices in Cullom in October 2018

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The median sale price of a home sold in October 2018 in Cullom fell by $25,000 while total sales increased by 100%, according to BlockShopper.com.

In October 2018, there were four homes sold, with a median sale price of $5,000 - a 83.3% decrease over the $30,000 median sale price for the same period of the previous year. There were two homes sold in Cullom in October 2017.

The median sales tax in Cullom for 2018 was $1,392. In 2017, the median sales tax was $1,345. This marks an increase of 3.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 27.8%.

The following table compares Cullom to other Livingston County cities in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Saunemin10-$130,000$0-
Dwight84100%$127,500$133,500-4.5%
Forrest31200%$100,000$305,000-67.2%
Pontiac16156.7%$79,500$79,0000.6%
Flanagan21100%$78,000$74,2005.1%
Fairbury56-16.7%$72,000$140,000-48.6%
Odell30-$45,000$0-
Cornell110%$17,500$75,000-76.7%
Cullom42100%$5,000$30,000-83.3%
Chatsworth00-$0$0-
Streator00-$0$0-

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