Quantcast

McLean County Times

Wednesday, April 23, 2025

February 2020: Pontiac experienced a 33.8% drop in median home prices

Webp re 3

The median sale price of a home sold in February 2020 in Pontiac fell by $35,750 while total sales increased by 83.3%, according to BlockShopper.com.

In February 2020, there were 11 homes sold, with a median sale price of $70,000 - a 33.8% decrease over the $105,750 median sale price for the same period of the previous year. There were six homes sold in Pontiac in February 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 February 2020.

The following table compares Pontiac to other Livingston County cities in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Flanagan10-$120,000$0-
Forrest10-$85,000$0-
Pontiac11683.3%$70,000$105,750-33.8%
Fairbury12-50%$48,500$176,500-72.5%
Dwight14-75%$10,000$190,750-94.8%
Saunemin01-100%$0$55,000-100%
Cornell00-$0$0-
Odell00-$0$0-
Chatsworth01-100%$0$50,000-100%
Streator01-100%$0$30,000-100%
Cullom01-100%$0$150,000-100%

MORE NEWS