Loda, Illinois, is a small, charming village in Iroquois County, known for its peaceful rural setting and tight-knit community. With a population of around 400, Loda offers a quiet escape from the hustle and bustle of larger cities, featuring historic homes, local churches, and a handful of small businesses. The village is home to the Loda Township Library, a community hub, and hosts events like the annual Loda Homecoming, which brings residents together for festivities. Surrounded by sprawling farmland, Loda embodies the quintessential Midwestern spirit, with its rich agricultural heritage and friendly, welcoming atmosphere.
Loda currently has 21 single family homes for sale with an average list price of $318,990.48 and 2 lots for sale with an average list price of $21,000. The average annual property tax for Loda is $4,530.76.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Loda, i.e. what's hot and what's not.
See What's Hot & What's Not in LodaLoda home sales for the month of June stayed the same in volume when compared to last year, while the median sale price decreased by 15.7% from $415,000 to $350,000. House sales stayed the same, while the median sale price decreased by 15.7% from $415,000 to $350,000.
30
|
28
|
19
|
33
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$167,500
|
$202,500
|
$220,000
|
$215,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |