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McLean County Times

Saturday, November 16, 2024

How did home prices perform in Pontiac during July 2018?

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The median sale price of a home sold in July 2018 in Pontiac fell by $18,550 while total sales increased by 57.1%, according to BlockShopper.com.

In July 2018, there were 22 homes sold, with a median sale price of $60,950 - a 23.3% decrease over the $79,500 median sale price for the same period of the previous year. There were 14 homes sold in Pontiac in July 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 3.6%.

The following table compares Pontiac to other Livingston County cities in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Dwight8714.3%$129,500$52,000149%
Cornell10-$85,000$0-
Forrest220%$77,000$110,750-30.5%
Pontiac221457.1%$60,950$79,500-23.3%
Flanagan330%$55,000$94,000-41.5%
Fairbury440%$49,950$99,750-49.9%
Odell41300%$20,750$16,00029.7%
Saunemin01-100%$0$115,000-100%
Chatsworth01-100%$0$4,000-100%
Streator01-100%$0$16,000-100%
Cullom00-$0$0-

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