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Peoria Standard

Friday, November 22, 2024

El Paso home prices fall in January 2017

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The median sale price of a home sold in January 2017 in El Paso fell by $15,250 while total sales increased by 33.3%, according to BlockShopper.com.

In January 2017, there were eight homes sold, with a median sale price of $83,000 - a 15.5% decrease over the $98,250 median sale price for the same period of the previous year. There were six homes sold in El Paso in January 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 3.1%.

The following table compares El Paso to other Woodford County cities in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Germantown Hills110%$180,000$156,00015.4%
Metamora20-$106,000$0-
Secor21100%$97,000$20,000385%
El Paso8633.3%$83,000$98,250-15.5%
Spring Bay110%$75,000$138,500-45.8%
Washburn23-33.3%$49,250$28,00075.9%
Eureka3250%$34,000$78,322-56.6%
Minonk12-50%$33,000$72,200-54.3%
Roanoke00-$0$0-
Benson02-100%$0$43,200-100%
Bay View Gardens00-$0$0-
Goodfield01-100%$0$100,000-100%
Congerville00-$0$0-

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