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Tuesday, May 21, 2024

Lena home prices fall in July 2017

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The median sale price of a home sold in July 2017 in Lena fell by $73,000 while total sales increased by 250%, according to BlockShopper.com.

In July 2017, there were seven homes sold, with a median sale price of $88,000 - a 45.3% decrease over the $161,000 median sale price for the same period of the previous year. There were two homes sold in Lena in July 2016.

The median sales tax in Lena for the most recent year with available data, 2016, was $2,303, approximately 2.6% of the median home sale price for July 2017.

The following table compares Lena to other Stephenson 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)
Lake Summerset5425%$154,900$297,000-47.8%
Pearl City31200%$101,500$59,50070.6%
Lena72250%$88,000$161,000-45.3%
Cedarville13-66.7%$80,000$97,000-17.5%
Freeport38358.6%$64,825$63,7251.7%
Dakota110%$30,051$105,000-71.4%
Rock City00-$0$0-
Winslow00-$0$0-
German Valley00-$0$0-
Orangeville00-$0$0-
Davis01-100%$0$102,000-100%

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