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McLean County Times

Monday, November 25, 2024

Gridley home prices fall in August 2018

Realestate1

The median sale price of a home sold in August 2018 in Gridley fell by $64,600 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In August 2018, there were four homes sold, with a median sale price of $97,900 - a 39.8% decrease over the $162,500 median sale price for the same period of the previous year. There were four homes sold in Gridley in August 2017, as well.

The median sales tax in Gridley for the most recent year with available data, 2017, was $2,596, approximately 2.7% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Bloomington15413414.9%$157,250$154,5001.8%
Normal937032.9%$156,000$160,750-3%
Towanda21100%$115,500$329,000-64.9%
Heyworth660%$112,000$152,200-26.4%
Arrowsmith10-$110,000$0-
Colfax13-66.7%$102,500$150,000-31.7%
Gridley440%$97,900$162,500-39.8%
Downs25-60%$85,767.50$195,500-56.1%
Chenoa14-75%$69,000$95,500-27.7%
Anchor10-$65,000$0-
Saybrook20-$61,300$0-

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