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Friday, April 19, 2024

Amboy home prices rise in July 2017

Re 10

The median sale price of a home sold in July 2017 in Amboy rose by $14,500 while total sales increased by 100%, according to BlockShopper.com.

In July 2017, there were 10 homes sold, with a median sale price of $57,500 - a 33.7% increase over the $43,000 median sale price for the same period of the previous year. There were five homes sold in Amboy in July 2016.

The median sales tax in Amboy for 2017 was $1,945. In 2016, the median sales tax was $1,922. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.4%.

The following table compares Amboy to other Lee County cities in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Steward10-$302,500$0-
Palmyra6450%$233,950$101,875129.6%
Ashton24-50%$142,500$42,375236.3%
Nelson10-$125,000$0-
Dixon353016.7%$93,000$43,000116.3%
Franklin Grove3250%$80,000$81,750-2.1%
Amboy105100%$57,500$43,00033.7%
Paw Paw110%$12,000$13,000-7.7%
Sublette02-100%$0$37,750-100%
Lee02-100%$0$126,000-100%
West Brooklyn00-$0$0-
Compton00-$0$0-
Harmon01-100%$0$45,000-100%
Nachusa00-$0$0-

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