From July through December of 2018, there were 23 homes sold, with a median sale price of $72,000 - a 13.8% decrease over the $83,500 median sale price for the same period of the previous year. There were 18 homes sold in Fairbury in the second half of 2017.
The median sales tax in Fairbury for 2018 was $2,421. In 2017, the median sales tax was $2,451. This marks an decrease of 1.2%. 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 second half of 2018:
City | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Streator | 2 | 2 | 0% | $165,000 | $38,750 | 325.8% |
Dwight | 42 | 31 | 35.5% | $119,000 | $115,000 | 3.5% |
Forrest | 9 | 9 | 0% | $80,000 | $139,000 | -42.4% |
Odell | 16 | 13 | 23.1% | $78,000 | $84,000 | -7.1% |
Pontiac | 77 | 71 | 8.5% | $72,000 | $80,000 | -10% |
Fairbury | 23 | 18 | 27.8% | $72,000 | $83,500 | -13.8% |
Flanagan | 10 | 17 | -41.2% | $62,500 | $74,200 | -15.8% |
Cornell | 6 | 4 | 50% | $60,750 | $61,500 | -1.2% |
Chatsworth | 1 | 3 | -66.7% | $42,000 | $15,000 | 180% |
Saunemin | 5 | 2 | 150% | $40,000 | $81,500 | -50.9% |
Cullom | 7 | 3 | 133.3% | $20,000 | $17,000 | 17.6% |