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Monday, December 23, 2024

Amboy home prices fall in October 2017

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The median sale price of a home sold in October 2017 in Amboy fell by $19,250 while total sales increased by 200%, according to BlockShopper.com.

In October 2017, there were nine homes sold, with a median sale price of $72,000 - a 21.1% decrease over the $91,250 median sale price for the same period of the previous year. There were three homes sold in Amboy in October 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 2.7%.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Palmyra12-50%$122,500$65,62586.7%
Paw Paw10-$100,000$0-
Ashton12-50%$99,000$64,12554.4%
Amboy93200%$72,000$91,250-21.1%
Dixon362638.5%$71,400$57,75023.6%
Franklin Grove440%$64,000$24,625159.9%
Compton10-$42,000$0-
Sublette01-100%$0$55,000-100%
Lee00-$0$0-
West Brooklyn01-100%$0$30,000-100%
Harmon00-$0$0-
Nachusa01-100%$0$120,000-100%
Steward05-100%$0$65,000-100%
Nelson00-$0$0-

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