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Monday, December 23, 2024

Lena home prices fall in October 2017

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The median sale price of a home sold in October 2017 in Lena fell by $33,500 while total sales decreased by 57.1%, according to BlockShopper.com.

In October 2017, there were three homes sold, with a median sale price of $117,500 - a 22.2% decrease over the $151,000 median sale price for the same period of the previous year. There were seven homes sold in Lena in October 2016.

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

The following table compares Lena to other Stephenson 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)
Lake Summerset73133.3%$140,000$110,00027.3%
Lena37-57.1%$117,500$151,000-22.2%
Freeport4419131.6%$47,750$62,500-23.6%
Cedarville30-$39,500$0-
German Valley10-$28,000$0-
Rock City00-$0$0-
Dakota00-$0$0-
Winslow00-$0$0-
Pearl City00-$0$0-
Orangeville01-100%$0$192,500-100%
Davis02-100%$0$62,750-100%

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