From October through December of 2017, there were 15 homes sold, with a median sale price of $101,000. There were 17 homes sold in Le Roy in the fourth quarter of 2016, and the median sales price for the period was also $101,000.
The median sales tax in Le Roy for 2017 was $2,957. In 2016, the median sales tax was $2,889. This marks an increase of 2.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.
The following table compares Le Roy to other McLean County cities with similar median sales prices in the fourth quarter of 2017:
City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Danvers | 6 | 7 | -14.3% | $134,000 | $145,000 | -7.6% |
Gridley | 4 | 5 | -20% | $122,500 | $82,000 | 49.4% |
McLean | 8 | 6 | 33.3% | $116,500 | $107,450 | 8.4% |
Lexington | 5 | 5 | 0% | $112,000 | $135,000 | -17% |
Colfax | 2 | 7 | -71.4% | $101,234.50 | $30,000 | 237.4% |
Le Roy | 15 | 17 | -11.8% | $101,000 | $101,000 | 0% |
Chenoa | 4 | 5 | -20% | $72,000 | $97,000 | -25.8% |
Bellflower | 4 | 1 | 300% | $70,000 | $65,000 | 7.7% |
Arrowsmith | 1 | 1 | 0% | $38,000 | $109,500 | -65.3% |
Stanford | 4 | 2 | 100% | $29,750 | $65,250 | -54.4% |
Saybrook | 3 | 2 | 50% | $22,890 | $58,500 | -60.9% |