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Friday, January 31, 2025

Fairbury median home prices rose by 25% in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Fairbury rose by $16,000 while total sales increased by 50%, according to BlockShopper.com.

From January through June of 2018, there were 21 homes sold, with a median sale price of $80,000 - a 25% increase over the $64,000 median sale price for the same period of the previous year. There were 14 homes sold in Fairbury in the first 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%.

The following table compares Fairbury to other Livingston County cities in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Forrest770%$100,000$105,000-4.8%
Dwight33323.1%$89,500$88,7500.8%
Pontiac987530.7%$84,750$87,500-3.1%
Fairbury211450%$80,000$64,00025%
Flanagan916-43.8%$78,000$51,400.5051.7%
Odell715-53.3%$66,500$37,60076.9%
Chatsworth26-66.7%$53,500$35,00052.9%
Cornell42100%$47,750$77,250-38.2%
Cullom56-16.7%$35,000$79,950-56.2%
Streator00-$0$0-
Saunemin04-100%$0$12,464.50-100%

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