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McLean County Times

Saturday, November 2, 2024

How did home prices perform in Pontiac during October 2018?

Realestate3

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The median sale price of a home sold in October 2018 in Pontiac rose by $500 while total sales increased by 6.7%, according to BlockShopper.com.

In October 2018, there were 16 homes sold, with a median sale price of $79,500 - a 0.6% increase over the $79,000 median sale price for the same period of the previous year. There were 15 homes sold in Pontiac in October 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 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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