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Peoria Standard

Friday, November 22, 2024

Hanna City home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Hanna City rose by $58,000 while total sales decreased by 37.5%, according to BlockShopper.com.

From July through September of 2017, there were five homes sold, with a median sale price of $139,000 - a 71.6% increase over the $81,000 median sale price for the same period of the previous year. There were eight homes sold in Hanna City in the third quarter of 2016.

The median sales tax in Hanna City for 2017 was $2,314.24. In 2016, the median sales tax was $2,269.60. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.

The following table compares Hanna City to other Peoria County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Dunlap11837.5%$259,900$155,25067.4%
Lake Camelot9812.5%$175,000$189,950-7.9%
Hanna City58-37.5%$139,000$81,00071.6%
Brimfield5425%$135,000$77,50074.2%
Elmwood161060%$128,250$67,00091.4%
Princeville11922.2%$127,000$128,000-0.8%
Peoria510534-4.5%$112,700$116,250-3.1%
Chillicothe382931%$92,000$90,0002.2%
Rome134225%$88,000$102,902-14.5%
Bellevue38-62.5%$82,500$61,00035.2%
Bartonville35336.1%$80,500$77,0004.5%

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