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Monday, February 24, 2020

Lake Camelot home prices rise in May 2019

Real Estate

By Local Labs News Service | Jun 7, 2019

Realestate077

The median sale price of a home sold in May 2019 in Lake Camelot rose by $35,250 while total sales increased by 20%, according to BlockShopper.com.

In May 2019, there were six homes sold, with a median sale price of $172,750 - a 25.6% increase over the $137,500 median sale price for the same period of the previous year. There were five homes sold in Lake Camelot in May 2018.

The median sales tax in Lake Camelot for the most recent year with available data, 2017, was $4,020, approximately 2.3% of the median home sale price for May 2019.

The following table compares Lake Camelot to other Peoria County cities with similar median sales prices in May 2019:

City
May 2019 Home Sales
May 2018 Home Sales
% change (Total Home Sales)
May 2019 Median Sales Price
May 2018 Median Sales Price
% change (Median Sales Price)
Dunlap
3
1
200%
$182,500
$268,500
-32%
Lake Camelot
6
5
20%
$172,750
$137,500
25.6%
Chillicothe
9
7
28.6%
$123,900
$118,625
4.4%
Rome
7
2
250%
$121,000
$89,000
36%
Bellevue
1
3
-66.7%
$120,000
$138,250
-13.2%
Elmwood
5
5
0%
$106,000
$76,500
38.6%
Peoria
189
178
6.2%
$105,500
$115,450
-8.6%
Bartonville
7
12
-41.7%
$97,000
$85,500
13.5%
Peoria Heights
9
4
125%
$93,700
$376,450
-75.1%
West Peoria
13
7
85.7%
$76,000
$62,800
21%
Hanna City
4
2
100%
$74,000
$91,250
-18.9%

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