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McLean County Times

Sunday, November 24, 2024

Chenoa home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Chenoa rose by $742,946 while total sales decreased by 60%, according to BlockShopper.com.

From January through March of 2018, there were two homes sold, with a median sale price of $866,946 - a 599.2% increase over the $124,000 median sale price for the same period of the previous year. There were five homes sold in Chenoa in the first quarter of 2017.

The median sales tax in Chenoa for the most recent year with available data, 2017, was $2,058, approximately 0.2% of the median home sale price for the first quarter of 2018.

The following table compares Chenoa to other McLean County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Chenoa25-60%$866,946$124,000599.2%
Hudson9812.5%$218,500$169,25029.1%
Twin Grove67-14.3%$209,250$220,000-4.9%
Anchor10-$180,000$0-
Le Roy814-42.9%$158,750$92,00072.6%
Downs24-50%$156,750$140,25011.8%
Bloomington216252-14.3%$147,750$150,075-1.5%
Normal110114-3.5%$145,000$152,250-4.8%
Danvers56-16.7%$130,000$90,25044%
Carlock5366.7%$126,500$130,000-2.7%
Towanda330%$115,000$100,00015%

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