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Peoria Standard

Monday, November 25, 2024

Lake Camelot home prices fall in October 2017

Realestate077

The median sale price of a home sold in October 2017 in Lake Camelot fell by $5,750 while total sales increased by 50%, according to BlockShopper.com.

In October 2017, there were three homes sold, with a median sale price of $163,000 - a 3.4% decrease over the $168,750 median sale price for the same period of the previous year. There were two homes sold in Lake Camelot in October 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 2.5%.

The following table compares Lake Camelot to other Peoria County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Rome23-33.3%$193,250$114,00069.5%
Lake Camelot3250%$163,000$168,750-3.4%
Mapleton30-$130,000$0-
Peoria18115318.3%$116,000$106,0009.4%
Chillicothe131030%$109,000$165,250-34%
Elmwood35-40%$104,500$80,00030.6%
Norwood10-$86,500$0-
Peoria Heights171421.4%$82,900$93,750-11.6%
Bartonville916-43.8%$80,000$82,629.50-3.2%
Bellevue50-$74,250$0-
Hanna City41300%$69,250$140,000-50.5%

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