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Wednesday, April 24, 2024

Lena home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Lena rose by $69,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In May 2017, there were five homes sold, with a median sale price of $149,000 - a 86.3% increase over the $80,000 median sale price for the same period of the previous year. There were seven homes sold in Lena in May 2016.

The median sales tax in Lena for the most recent year with available data, 2016, was $2,303, approximately 1.5% of the median home sale price for May 2017.

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

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Lake Summerset3250%$225,000$54,644.50311.8%
Lena57-28.6%$149,000$80,00086.3%
Pearl City10-$111,500$0-
Cedarville110%$98,500$116,000-15.1%
Davis220%$76,450$56,00036.5%
Freeport30287.1%$63,950$57,00012.2%
Rock City00-$0$0-
Dakota00-$0$0-
Winslow00-$0$0-
German Valley00-$0$0-
Orangeville01-100%$0$97,000-100%

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