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Peoria Standard

Tuesday, November 26, 2024

Lake Camelot home prices rise in the first quarter of 2019

Realestate4

The median sale price of a home sold in the first quarter of 2019 in Lake Camelot rose by $35,000 while total sales decreased by 50%, according to BlockShopper.com.

From January through March of 2019, there were two homes sold, with a median sale price of $177,500 - a 24.6% increase over the $142,500 median sale price for the same period of the previous year. There were four homes sold in Lake Camelot in the first quarter of 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 the first quarter of 2019.

The following table compares Lake Camelot to other Peoria County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Dunlap38-62.5%$266,500$133,50099.6%
Lake Camelot24-50%$177,500$142,50024.6%
Hanna City5366.7%$133,000$163,000-18.4%
Brimfield21100%$123,750$170,000-27.2%
Rome82300%$110,000$61,00080.3%
Elmwood8633.3%$103,000$93,50010.2%
Bartonville1320-35%$90,000$73,50022.4%
Glasford7475%$90,000$72,25024.6%
Peoria357440-18.9%$90,000$107,000-15.9%
Chillicothe2123-8.7%$89,900$82,5009%
Princeville550%$88,000$115,000-23.5%

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