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Friday, November 22, 2024

Lena home prices rise in January 2017

Realestate4

The median sale price of a home sold in January 2017 in Lena rose by $7,960 while total sales increased by 50%, according to BlockShopper.com.

In January 2017, there were three homes sold, with a median sale price of $63,000 - a 14.5% increase over the $55,040 median sale price for the same period of the previous year. There were two homes sold in Lena in January 2016.

The median sales tax in Lena for the most recent year with available data, 2016, was $2,303, approximately 3.7% of the median home sale price for January 2017.

The following table compares Lena to other Stephenson County cities in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Lake Summerset20-$156,250$0-
German Valley20-$126,250$0-
Lena3250%$63,000$55,04014.5%
Freeport231827.8%$25,000$72,500-65.5%
Cedarville110%$19,000$73,000-74%
Rock City01-100%$0$92,000-100%
Dakota02-100%$0$43,500-100%
Winslow00-$0$0-
Pearl City00-$0$0-
Orangeville01-100%$0$38,000-100%
Davis00-$0$0-

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