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Wednesday, November 27, 2024

Lena home prices fall in June 2017

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The median sale price of a home sold in June 2017 in Lena fell by $51,250 while total sales decreased by 66.7%, according to BlockShopper.com.

In June 2017, there were two homes sold, with a median sale price of $72,500 - a 41.4% decrease over the $123,750 median sale price for the same period of the previous year. There were six homes sold in Lena in June 2016.

The median sales tax in Lena for the most recent year with available data, 2016, was $2,303, approximately 3.2% of the median home sale price for June 2017.

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

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Lake Summerset3250%$160,000$92,00073.9%
Freeport352259.1%$79,900$49,97559.9%
Lena26-66.7%$72,500$123,750-41.4%
German Valley110%$71,000$31,000129%
Cedarville25-60%$44,500$75,000-40.7%
Rock City00-$0$0-
Dakota01-100%$0$25,900-100%
Winslow01-100%$0$3,186-100%
Pearl City01-100%$0$30,000-100%
Orangeville02-100%$0$99,500-100%
Davis01-100%$0$110,000-100%

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