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McLean County Times

Sunday, November 24, 2024

Saybrook home prices fall in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Saybrook fell by $19,000 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

From July through December of 2017, there were five homes sold, with a median sale price of $40,000 - a 32.2% decrease over the $59,000 median sale price for the same period of the previous year. There were five homes sold in Saybrook in the second half of 2016, as well.

The median sales tax in Saybrook for 2017 was $1,458. In 2016, the median sales tax was $1,477. This marks an decrease of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.

The following table compares Saybrook to other McLean County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Colfax79-22.2%$128,490$30,000328.3%
Gridley12933.3%$127,900$125,5001.9%
Le Roy3344-25%$106,000$103,5002.4%
Carlock330%$100,000$75,00033.3%
McLean1011-9.1%$97,750$103,900-5.9%
Arrowsmith34-25%$90,000$114,250-21.2%
Anchor110%$83,500$35,000138.6%
Bellflower5425%$80,000$79,5000.6%
Chenoa811-27.3%$78,850$75,0005.1%
Saybrook550%$40,000$59,000-32.2%
Stanford58-37.5%$39,500$13,500192.6%

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