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McLean County Times

Wednesday, April 23, 2025

Home prices decreased in Pontiac during the first quarter of 2020

Webp realestate4

The median sale price of a home sold in the first quarter of 2020 in Pontiac fell by $8,500 while total sales increased by 44.4%, according to BlockShopper.com.

From January through March of 2020, there were 26 homes sold, with a median sale price of $70,000 - a 10.8% decrease over the $78,500 median sale price for the same period of the previous year. There were 18 homes sold in Pontiac in the first quarter of 2019.

The median sales tax in Pontiac for the most recent year with available data, 2019, was $2,084, approximately 3% of the median home sale price for the first quarter of 2020.

The following table compares Pontiac to other Livingston County cities in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Flanagan34-25%$120,000$126,750-5.3%
Fairbury9728.6%$115,000$117,500-2.1%
Odell35-40%$90,000$115,500-22.1%
Forrest5425%$82,500$52,10058.3%
Cornell20-$74,950$0-
Dwight131118.2%$73,200$149,900-51.2%
Pontiac261844.4%$70,000$78,500-10.8%
Cullom23-33.3%$57,000$131,900-56.8%
Saunemin110%$45,000$55,000-18.2%
Chatsworth12-50%$22,000$62,500-64.8%
Streator02-100%$0$41,500-100%

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