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Peoria Standard

Friday, April 26, 2024

Lake Camelot home prices rise in May 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:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Dunlap31200%$182,500$268,500-32%
Lake Camelot6520%$172,750$137,50025.6%
Chillicothe9728.6%$123,900$118,6254.4%
Rome72250%$121,000$89,00036%
Bellevue13-66.7%$120,000$138,250-13.2%
Elmwood550%$106,000$76,50038.6%
Peoria1891786.2%$105,500$115,450-8.6%
Bartonville712-41.7%$97,000$85,50013.5%
Peoria Heights94125%$93,700$376,450-75.1%
West Peoria13785.7%$76,000$62,80021%
Hanna City42100%$74,000$91,250-18.9%

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