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McLean County Times

Sunday, November 24, 2024

McLean home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in McLean fell by $32,615 while total sales increased by 75%, according to BlockShopper.com.

From January through June of 2019, there were seven homes sold, with a median sale price of $77,000 - a 29.8% decrease over the $109,615 median sale price for the same period of the previous year. There were four homes sold in McLean in the first half of 2018.

The median sales tax in McLean for the most recent year with available data, 2017, was $2,491, approximately 3.2% of the median home sale price for the first half of 2019.

The following table compares McLean to other McLean County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Gridley911-18.2%$115,000$80,00043.8%
Le Roy1936-47.2%$114,000$126,500-9.9%
Carlock46-33.3%$109,000$128,750-15.3%
Bellflower25-60%$99,305$71,54138.8%
Arrowsmith51400%$77,000$10,000670%
McLean7475%$77,000$109,615-29.8%
Stanford5366.7%$76,000$85,000-10.6%
Chenoa1517-11.8%$75,000$95,000-21.1%
Saybrook440%$66,750$57,50016.1%
Towanda58-37.5%$62,550$114,950-45.6%
Anchor31200%$40,000$180,000-77.8%

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