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McLean County Times

Monday, November 25, 2024

Gridley home prices rise in May 2019

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The median sale price of a home sold in May 2019 in Gridley rose by $44,650 while total sales decreased by 50%, according to BlockShopper.com.

In May 2019, there were three homes sold, with a median sale price of $127,900 - a 53.6% increase over the $83,250 median sale price for the same period of the previous year. There were six homes sold in Gridley in May 2018.

The median sales tax in Gridley for the most recent year with available data, 2017, was $2,596, approximately 2% of the median home sale price for May 2019.

The following table compares Gridley to other McLean County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Lexington42100%$175,500$86,750102.3%
Normal786421.9%$164,250$159,7502.8%
Downs110%$158,000$231,000-31.6%
Hudson35-40%$145,000$240,000-39.6%
Colfax34-25%$132,500$157,500-15.9%
Gridley36-50%$127,900$83,25053.6%
Carlock20-$122,500$0-
Danvers7616.7%$120,000$111,0008.1%
Le Roy511-54.5%$100,500$130,000-22.7%
Arrowsmith10-$86,000$0-
Heyworth660%$85,250$140,700-39.4%

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