April: Home prices in Pontiac increased

Medium realestate2

The median sale price of a home sold in April in Pontiac rose by $14,950 while total sales decreased by 57.9 percent, according to BlockShopper.com.

In April, there were eight homes sold, with a median sale price of $90,950 - a 19.7 percent increase over the $76,000 median sale price for the same period of the previous year. There were 19 homes sold in Pontiac in April 2021.

The median sales tax in Pontiac for the most recent year with available data, 2019, was $2,084, approximately 2.3 percent of the median home sale price for April.

The following table compares Pontiac to other Livingston County cities in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Forrest220$131,500$47,500176.8
Saunemin110$120,000$55,400116.6
Cullom12-50$105,000$20,000425
Pontiac819-57.9$90,950$76,00019.7
Odell110$90,000$40,000125
Dwight56-16.7$80,000$176,000-54.5
Fairbury5366.7$66,500$127,000-47.6
Streator10-$7,301$0-
Chatsworth00-$0$0-
Flanagan01-100$0$200,000-100
Cornell02-100$0$361,250-100

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