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Peoria Standard

Monday, November 25, 2024

Elmwood home prices rise in November 2018

Realestate3

The median sale price of a home sold in November 2018 in Elmwood rose by $71,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In November 2018, there were two homes sold, with a median sale price of $107,500 - a 198.6% increase over the $36,000 median sale price for the same period of the previous year. There were two homes sold in Elmwood in November 2017, as well.

The median sales tax in Elmwood for the most recent year with available data, 2017, was $2,614, approximately 2.4% of the median home sale price for November 2018.

The following table compares Elmwood to other Peoria County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Princeville24-50%$171,500$99,00073.2%
Lake Camelot25-60%$133,750$260,000-48.6%
Hanna City220%$131,100$88,50048.1%
Rome3250%$125,000$202,775-38.4%
Elmwood220%$107,500$36,000198.6%
Peoria17614918.1%$86,450$115,000-24.8%
Chillicothe46-33.3%$81,500$91,000-10.4%
Peoria Heights79-22.2%$71,000$80,000-11.3%
Brimfield42100%$64,500$90,000-28.3%
Dunlap14-75%$62,000$119,000-47.9%
Bartonville58-37.5%$50,000$84,000-40.5%

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