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Peoria Standard

Sunday, November 24, 2024

Chillicothe home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Chillicothe rose by $11,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In July 2017, there were 10 homes sold, with a median sale price of $104,500 - a 11.8% increase over the $93,500 median sale price for the same period of the previous year. There were 14 homes sold in Chillicothe in July 2016.

The median sales tax in Chillicothe for 2017 was $2,268. In 2016, the median sales tax was $2,247. This marks an increase of 0.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Chillicothe to other Peoria County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Elmwood51400%$163,000$58,000181%
Lake Camelot41300%$160,250$250,000-35.9%
Hanna City3250%$139,000$96,50044%
Peoria183188-2.7%$110,000$123,500-10.9%
Rome42100%$107,250$126,250-15%
Chillicothe1014-28.6%$104,500$93,50011.8%
Princeville23-33.3%$100,750$128,000-21.3%
Bartonville171241.7%$79,200$62,50026.7%
West Peoria73133.3%$68,900$50,00037.8%
Glasford13-66.7%$68,000$110,000-38.2%
Norwood13-66.7%$50,000$50,0000%

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