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Peoria Standard

Sunday, November 24, 2024

Lake Camelot home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Lake Camelot rose by $16,100 while total sales decreased by 66.7%, according to BlockShopper.com.

In August 2017, there were two homes sold, with a median sale price of $191,000 - a 9.2% increase over the $174,900 median sale price for the same period of the previous year. There were six homes sold in Lake Camelot in August 2016.

The median sales tax in Lake Camelot for 2017 was $4,020. In 2016, the median sales tax was $4,046. This marks an decrease of 0.7%. 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 Lake Camelot to other Peoria County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Dunlap41300%$227,500$238,000-4.4%
Lake Camelot26-66.7%$191,000$174,9009.2%
Kingston Mines21100%$173,500$10,9241488.2%
Brimfield10-$135,000$0-
Hanna City24-50%$130,755$80,50062.4%
Elmwood78-12.5%$128,000$98,95029.4%
Rome42100%$122,500$75,90261.4%
Princeville5425%$119,000$124,270-4.2%
Peoria178185-3.8%$113,750$115,000-1.1%
Chillicothe187157.1%$93,750$100,000-6.3%
Bellevue14-75%$82,500$157,750-47.7%

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