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McLean County Times

Sunday, May 19, 2024

April 2017: Home prices in Pontiac increased

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The median sale price of a home sold in April 2017 in Pontiac rose by $27,000 while total sales increased by 58.3%, according to BlockShopper.com.

In April 2017, there were 19 homes sold, with a median sale price of $87,000 - a 45% increase over the $60,000 median sale price for the same period of the previous year. There were 12 homes sold in Pontiac in April 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 2.5%.

The following table compares Pontiac to other Livingston County cities in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Forrest21100%$161,250$17,000848.5%
Fairbury25-60%$126,750$100,00026.8%
Pontiac191258.3%$87,000$60,00045%
Odell21100%$81,250$143,000-43.2%
Dwight8633.3%$75,000$41,80079.4%
Flanagan42100%$39,900.50$52,450-23.9%
Chatsworth20-$21,000$0-
Saunemin110%$14,929$50,000-70.1%
Cornell01-100%$0$128,000-100%
Streator00-$0$0-
Cullom00-$0$0-

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