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McLean County Times

Sunday, November 24, 2024

Gridley home prices rise in 2017

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The median sale price of a home sold in 2017 in Gridley rose by $6,150 while total sales increased by 18.2%, according to BlockShopper.com.

From January through December of 2017, there were 26 homes sold, with a median sale price of $121,400 - a 5.3% increase over the $115,250 median sale price for the previous year. There were 22 homes sold in Gridley in 2016.

The median sales tax in Gridley for 2017 was $2,596. In 2016, the median sales tax was $2,523. This marks an increase of 2.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Gridley to other McLean County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Danvers33330%$139,250$127,0009.6%
Towanda13130%$136,500$171,500-20.4%
Carlock7475%$129,500$88,00047.2%
Colfax1516-6.3%$128,490$54,950133.8%
Lexington413420.6%$126,500$129,750-2.5%
Gridley262218.2%$121,400$115,2505.3%
McLean1416-12.5%$110,500$89,00024.2%
Arrowsmith12850%$92,450$112,250-17.6%
Le Roy5975-21.3%$92,000$107,500-14.4%
Chenoa2426-7.7%$90,250$76,50018%
Bellflower8714.3%$83,000$70,00018.6%

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