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Tuesday, April 7, 2020

LaPlace home prices fall in the first half of 2018

Real Estate

By Local Labs News Service | Jul 7, 2018

Re 10

The median sale price of a home sold in the first half of 2018 in LaPlace fell by $59,041 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2018, there were four homes sold, with a median sale price of $25,960 - a 69.5% decrease over the $85,000 median sale price for the same period of the previous year. There were two homes sold in LaPlace in the first half of 2017.

The median sales tax in LaPlace for the most recent year with available data, 2017, was $1,106, approximately 4.3% of the median home sale price for the first half of 2018.

The following table compares LaPlace to other Piatt County cities in the first half of 2018:

City
Jan. - June 2018 Home Sales
Jan. - June 2017 Home Sales
% change (Total Home Sales)
Jan. - June 2018 Median Sales Price
Jan. - June 2017 Median Sales Price
% change (Median Sales Price)
Monticello
75
71
5.6%
$139,000
$144,900
-4.1%
Hammond
10
5
100%
$86,000
$16,000
437.5%
White Heath
2
2
0%
$80,750
$85,750
-5.8%
Mansfield
9
3
200%
$68,500
$120,000
-42.9%
De Land
5
7
-28.6%
$66,000
$70,000
-5.7%
Cisco
2
2
0%
$62,250
$47,000
32.4%
Cerro Gordo
13
10
30%
$61,250
$87,950
-30.4%
Bement
15
15
0%
$48,900
$70,000
-30.1%
Atwood
8
3
166.7%
$48,500
$33,000
47%
LaPlace
4
2
100%
$25,959.50
$85,000
-69.5%

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Piatt County IL Clerk and Recorder

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