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McLean County Times

Sunday, December 22, 2024

Danvers home prices rise in July 2017

Realestate3

The median sale price of a home sold in July 2017 in Danvers rose by $4,500 while total sales decreased by 40%, according to BlockShopper.com.

In July 2017, there were three homes sold, with a median sale price of $149,000 - a 3.1% increase over the $144,500 median sale price for the same period of the previous year. There were five homes sold in Danvers in July 2016.

The median sales tax in Danvers for 2017 was $3,383. In 2016, the median sales tax was $3,361. This marks an increase of 0.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Danvers to other McLean County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Hudson13-66.7%$217,000$160,00035.6%
Lexington34-25%$214,900$95,000126.2%
Carlock220%$182,500$93,50095.2%
Bloomington1561550.6%$163,250$169,900-3.9%
Normal6279-21.5%$156,450$151,0003.6%
Danvers35-40%$149,000$144,5003.1%
Gridley10-$139,000$0-
Colfax10-$115,000$0-
Le Roy313-76.9%$106,000$106,0000%
Stanford110%$93,000$92,0001.1%
Arrowsmith10-$90,000$0-

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