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Peoria Standard

Sunday, November 24, 2024

Kingston Mines home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Kingston Mines rose by $52,826 while total sales increased by 33.3%, according to BlockShopper.com.

From July through December of 2017, there were four homes sold, with a median sale price of $63,750 - a 483.6% increase over the $10,924 median sale price for the same period of the previous year. There were three homes sold in Kingston Mines in the second half of 2016.

The median sales tax in Kingston Mines for 2017 was $1,351. In 2016, the median sales tax was $1,374. This marks an decrease of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Kingston Mines to other Peoria County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Chillicothe675326.4%$106,900$100,0006.9%
Princeville1820-10%$106,500$115,250-7.6%
Brimfield84100%$92,500$77,50019.4%
Bartonville6270-11.4%$80,000$97,500-17.9%
Bellevue12120%$78,375$59,25032.3%
Hanna City161145.5%$73,450$85,000-13.6%
Peoria Heights645810.3%$73,000$87,000-16.1%
West Peoria494216.7%$71,000$72,000-1.4%
Glasford715-53.3%$68,000$78,500-13.4%
Kingston Mines4333.3%$63,750$10,924483.6%
Norwood35-40%$60,000$45,00033.3%

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