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McLean County Times

Monday, November 25, 2024

Chenoa home prices fall in May 2019

Realestate1

The median sale price of a home sold in May 2019 in Chenoa fell by $41,500 while total sales decreased by 25%, according to BlockShopper.com.

In May 2019, there were three homes sold, with a median sale price of $40,000 - a 50.9% decrease over the $81,500 median sale price for the same period of the previous year. There were four homes sold in Chenoa in May 2018.

The median sales tax in Chenoa for the most recent year with available data, 2017, was $2,058, approximately 5.1% of the median home sale price for May 2019.

The following table compares Chenoa 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)
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%
Chenoa34-25%$40,000$81,500-50.9%
Stanford110%$29,846$85,000-64.9%
Anchor10-$15,000$0-
Towanda13-66.7%$12,000$164,900-92.7%

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