417 E. Timber St., Pontiac acquired by Kyle Gerber

The home at 417 E. Timber St., Pontiac, was sold on May 18 by Wte LLC for $170,000.

Kyle Gerber was listed as the buyer.

Property taxes on the home totaled $2,041 in 2024, or 1.2% of the sale price.

This property is one of 11 sales in Pontiac, Livingston County, between April 18 and May 18.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.