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McLean County Times

Sunday, November 24, 2024

Le Roy home prices unchanged in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Le Roy was unchanged while total sales decreased by 11.8%, according to BlockShopper.com.

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:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Danvers67-14.3%$134,000$145,000-7.6%
Gridley45-20%$122,500$82,00049.4%
McLean8633.3%$116,500$107,4508.4%
Lexington550%$112,000$135,000-17%
Colfax27-71.4%$101,234.50$30,000237.4%
Le Roy1517-11.8%$101,000$101,0000%
Chenoa45-20%$72,000$97,000-25.8%
Bellflower41300%$70,000$65,0007.7%
Arrowsmith110%$38,000$109,500-65.3%
Stanford42100%$29,750$65,250-54.4%
Saybrook3250%$22,890$58,500-60.9%

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