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Peoria Standard

Thursday, April 25, 2024

Lake Camelot home prices fall in 2018

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The median sale price of a home sold in 2018 in Lake Camelot fell by $5,500 while total sales increased by 43.8%, according to BlockShopper.com.

From January through December of 2018, there were 46 homes sold, with a median sale price of $170,000 - a 3.1% decrease over the $175,500 median sale price for the previous year. There were 32 homes sold in Lake Camelot in 2017.

The median sales tax in Lake Camelot for the most recent year with available data, 2017, was $4,020, approximately 2.4% of the median home sale price for 2018.

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

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Dunlap34333%$206,250$212,000-2.7%
Lake Camelot463243.8%$170,000$175,500-3.1%
Mapleton59-44.4%$148,000$88,00068.2%
Chillicothe108121-10.7%$122,250$110,00011.1%
Hanna City2729-6.9%$115,000$83,00038.6%
Peoria2,2161,85819.3%$110,000$110,0000%
Rome2829-3.4%$100,000$114,050-12.3%
Norwood39-66.7%$92,500$86,5006.9%
Bartonville1191162.6%$87,000$79,5509.4%
Brimfield1317-23.5%$85,000$90,000-5.6%
Elmwood3641-12.2%$83,250$108,700-23.4%

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