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McLean County Times

Saturday, November 23, 2024

April 2018: Home prices in Pontiac increased

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The median sale price of a home sold in April 2018 in Pontiac rose by $3,000 while total sales increased by 5.3%, according to BlockShopper.com.

In April 2018, there were 20 homes sold, with a median sale price of $90,000 - a 3.4% increase over the $87,000 median sale price for the same period of the previous year. There were 19 homes sold in Pontiac in April 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 2.4%.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Flanagan34-25%$110,000$39,900.50175.7%
Forrest3250%$100,000$161,250-38%
Pontiac20195.3%$90,000$87,0003.4%
Fairbury52150%$82,500$126,750-34.9%
Dwight880%$63,250$75,000-15.7%
Cornell20-$48,500$0-
Saunemin01-100%$0$14,929-100%
Odell02-100%$0$81,250-100%
Chatsworth02-100%$0$21,000-100%
Streator00-$0$0-
Cullom00-$0$0-

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