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McLean County Times

Friday, November 22, 2024

Median home prices in Pontiac rose to $79,000 in October 2017

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The median sale price of a home sold in October 2017 in Pontiac rose by $31,750 while total sales increased by 7.1%, according to BlockShopper.com.

In October 2017, there were 15 homes sold, with a median sale price of $79,000 - a 67.2% increase over the $47,250 median sale price for the same period of the previous year. There were 14 homes sold in Pontiac in October 2016.

The median sales tax in Pontiac for 2017 was $2,186. In 2016, the median sales tax was $2,194. This marks an decrease of 0.3%. 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 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Forrest12-50%$305,000$83,000267.5%
Fairbury61500%$140,000$140,0000%
Dwight440%$133,500$70,00090.7%
Pontiac15147.1%$79,000$47,25067.2%
Cornell110%$75,000$5,5001263.6%
Flanagan14-75%$74,200$81,250-8.7%
Cullom20-$30,000$0-
Saunemin02-100%$0$42,500-100%
Odell02-100%$0$58,500-100%
Chatsworth00-$0$0-
Streator00-$0$0-

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