Mendota, Illinois, is a vibrant small city in LaSalle County with a population of approximately 7,000, known as the "World's Greatest Little City." Nestled along the Illinois River Valley, it boasts a rich agricultural heritage and a welcoming community atmosphere. Mendota is famous for its annual Sweet Corn Festival, a beloved tradition featuring parades, live music, and, of course, plenty of sweet corn, drawing visitors from across the region. The city also offers historic charm with landmarks like the Hume-Carnegie Museum and access to outdoor recreation at nearby Lake Mendota, making it a quintessential Midwestern gem.
Mendota currently has 19 single family homes for sale with an average list price of $194,136.79 and 5 lots for sale with an average list price of $874,200. The average annual property tax for Mendota is $2,621.28.
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 Mendota, i.e. what's hot and what's not.
See What's Hot & What's Not in MendotaMendota home sales for the month of July stayed the same in volume when compared to last year, while the median sale price rose by 4% from $150,000 to $156,000. House sales stayed the same, while the median sale price rose by 4% from $150,000 to $156,000.
78
|
65
|
51
|
57
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$119,500
|
$133,000
|
$125,000
|
$141,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |