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McLean County Times

Wednesday, April 23, 2025

The fourth quarter of 2019: Fairbury experienced a 13.3% drop in median home prices

Webp re 5

The median sale price of a home sold in the fourth quarter of 2019 in Fairbury fell by $10,000 while total sales decreased by 41.7%, according to BlockShopper.com.

From October through December of 2019, there were seven homes sold, with a median sale price of $65,000 - a 13.3% decrease over the $75,000 median sale price for the same period of the previous year. There were 12 homes sold in Fairbury in the fourth quarter of 2018.

The median sales tax in Fairbury for 2019 was $2,242. In 2018, the median sales tax was $2,421. This marks an decrease of 7.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.4%.

The following table compares Fairbury to other Livingston County cities in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Dwight1618-11.1%$136,750$102,00034.1%
Cullom24-50%$90,750$5,0001715%
Cornell35-40%$85,000$48,00077.1%
Pontiac33330%$75,000$75,600-0.8%
Fairbury712-41.7%$65,000$75,000-13.3%
Flanagan7616.7%$61,900$60,7501.9%
Odell27-71.4%$57,200$76,000-24.7%
Saunemin220%$55,251.50$85,000-35%
Streator10-$47,000$0-
Forrest17-85.7%$37,500$80,000-53.1%
Chatsworth00-$0$0-

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