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McLean County Times

Sunday, November 24, 2024

Chenoa home prices fall in the second quarter of 2019

Re 10

The median sale price of a home sold in the second quarter of 2019 in Chenoa fell by $17,550 while total sales decreased by 33.3%, according to BlockShopper.com.

From April through June of 2019, there were 10 homes sold, with a median sale price of $77,450 - a 18.5% decrease over the $95,000 median sale price for the same period of the previous year. There were 15 homes sold in Chenoa in the second quarter of 2018.

The median sales tax in Chenoa for the most recent year with available data, 2017, was $2,058, approximately 2.7% of the median home sale price for the second quarter of 2019.

The following table compares Chenoa to other McLean County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Danvers990%$125,000$124,9000.1%
Gridley9812.5%$115,000$80,00043.8%
Le Roy1328-53.6%$114,000$119,500-4.6%
Carlock31200%$110,000$131,000-16%
Arrowsmith40-$81,500$0-
Chenoa1015-33.3%$77,450$95,000-18.5%
Stanford3250%$76,000$116,250-34.6%
Saybrook330%$71,000$30,000136.7%
McLean12-50%$57,000$112,700-49.4%
Anchor10-$15,000$0-
Towanda35-40%$15,000$114,900-86.9%

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