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McLean County Times

Thursday, November 21, 2024

How did home prices perform in Pontiac during February 2017?

Realestate2

The median sale price of a home sold in February 2017 in Pontiac rose by $9,500 while total sales increased by 20%, according to BlockShopper.com.

In February 2017, there were 12 homes sold, with a median sale price of $87,250 - a 12.2% increase over the $77,750 median sale price for the same period of the previous year. There were 10 homes sold in Pontiac in February 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 February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Pontiac121020%$87,250$77,75012.2%
Dwight104150%$67,750$160,375-57.8%
Cullom10-$45,000$0-
Fairbury3250%$29,000$36,250-20%
Saunemin10-$10,000$0-
Flanagan02-100%$0$70,950-100%
Cornell01-100%$0$2,500-100%
Odell01-100%$0$40,000-100%
Chatsworth00-$0$0-
Streator00-$0$0-
Forrest01-100%$0$160,000-100%

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