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Peoria Standard

Sunday, November 24, 2024

Chillicothe home prices rise in December 2017

Realestate4

The median sale price of a home sold in December 2017 in Chillicothe rose by $51,000 while total sales increased by 100%, according to BlockShopper.com.

In December 2017, there were 10 homes sold, with a median sale price of $142,000 - a 56% increase over the $91,000 median sale price for the same period of the previous year. There were five homes sold in Chillicothe in December 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 1.6%.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Dunlap5425%$230,000$185,00024.3%
Lake Camelot13-66.7%$195,000$216,900-10.1%
Bellevue20-$150,500$0-
Chillicothe105100%$142,000$91,00056%
Peoria1571486.1%$120,000$86,00039.5%
Elmwood34-25%$92,000$92,812.50-0.9%
Mapleton110%$88,000$95,000-7.4%
Peoria Heights10742.9%$83,500$85,500-2.3%
Rome23-33.3%$81,300$134,250-39.4%
Bartonville10100%$76,950$106,700-27.9%
West Peoria10825%$74,500$71,5004.2%

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