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Peoria Standard

Sunday, November 24, 2024

El Paso home prices rise in 2017

Realestate077

The median sale price of a home sold in 2017 in El Paso rose by $17,250 while total sales decreased by 14.8%, according to BlockShopper.com.

From January through December of 2017, there were 52 homes sold, with a median sale price of $112,500 - a 18.1% increase over the $95,250 median sale price for the previous year. There were 61 homes sold in El Paso in 2016.

The median sales tax in El Paso for 2017 was $2,568. In 2016, the median sales tax was $2,641. This marks an decrease of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares El Paso to other Woodford County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Germantown Hills3443-20.9%$212,250$179,50018.2%
Congerville880%$184,000$140,00031.4%
Goodfield11837.5%$181,000$126,00043.7%
Metamora6369-8.7%$142,000$145,000-2.1%
Eureka67636.3%$121,000$136,000-11%
El Paso5261-14.8%$112,500$95,25018.1%
Bay View Gardens17-85.7%$98,900$77,50027.6%
Roanoke3843-11.6%$90,000$100,000-10%
Spring Bay10100%$86,500$68,00027.2%
Washburn1433-57.6%$78,450$37,500109.2%
Minonk373023.3%$67,500$69,450-2.8%

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