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Peoria Standard

Tuesday, November 26, 2024

Elmwood home prices rise in March 2019

Realestate1

The median sale price of a home sold in March 2019 in Elmwood rose by $20,250 while total sales decreased by 20%, according to BlockShopper.com.

In March 2019, there were four homes sold, with a median sale price of $109,250 - a 22.8% increase over the $89,000 median sale price for the same period of the previous year. There were five homes sold in Elmwood in March 2018.

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 March 2019.

The following table compares Elmwood to other Peoria County cities with similar median sales prices in March 2019:

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Rome21100%$291,250$43,000577.3%
Lake Camelot110%$230,000$141,50062.5%
Hanna City30-$136,500$0-
Brimfield110%$124,500$170,000-26.8%
Elmwood45-20%$109,250$89,00022.8%
Glasford21100%$100,000$37,000170.3%
Chillicothe11110%$89,900$72,00024.9%
Peoria145174-16.7%$86,500$90,000-3.9%
Princeville42100%$82,500$163,500-49.5%
Bartonville35-40%$79,900$79,5000.5%
Mapleton20-$78,250$0-

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