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McLean County Times

Saturday, November 16, 2024

Danvers home prices fall in July 2018

Realestate4

The median sale price of a home sold in July 2018 in Danvers fell by $74,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In July 2018, there were two homes sold, with a median sale price of $75,000 - a 49.7% decrease over the $149,000 median sale price for the same period of the previous year. There were three homes sold in Danvers in July 2017.

The median sales tax in Danvers for the most recent year with available data, 2017, was $3,383, approximately 4.5% of the median home sale price for July 2018.

The following table compares Danvers to other McLean County cities with similar median sales prices in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Le Roy5366.7%$142,000$106,00034%
Downs30-$138,900$0-
Colfax21100%$132,000$115,00014.8%
McLean30-$111,450$0-
Heyworth21100%$109,500$34,700215.6%
Gridley110%$103,500$139,000-25.5%
Stanford41300%$87,450$93,000-6%
Chenoa60-$85,350$0-
Danvers23-33.3%$75,000$149,000-49.7%
Bellflower10-$74,000$0-
Arrowsmith110%$47,500$90,000-47.2%

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