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McLean County Times

Wednesday, April 23, 2025

The first quarter of 2021: Cornell experienced a 10.6% drop in median home prices

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Adobe Stock

The median sale price of a home sold in the first quarter of 2021 in Cornell fell by $7,950 while total sales increased by 100%, according to BlockShopper.com.

From January through March of 2021, there were four homes sold, with a median sale price of $67,000 - a 10.6% decrease over the $74,950 median sale price for the same period of the previous year. There were two homes sold in Cornell in the first quarter of 2020.

The median sales tax in Cornell for the most recent year with available data, 2019, was $1,550, approximately 2.3% of the median home sale price for the first quarter of 2021.

The following table compares Cornell to other Livingston County cities in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Odell63100%$137,500$90,00052.8%
Dwight13130%$125,000$73,20070.8%
Flanagan83166.7%$93,000$120,000-22.5%
Cullom220%$87,000$57,00052.6%
Pontiac402653.8%$80,250$70,00014.6%
Saunemin41300%$68,000$45,00051.1%
Cornell42100%$67,000$74,950-10.6%
Streator10-$65,000$0-
Fairbury990%$56,500$115,000-50.9%
Forrest550%$30,000$82,500-63.6%
Chatsworth01-100%$0$22,000-100%

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