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McLean County Times

Sunday, November 24, 2024

November 2019: Home prices in Fairbury fell

Realestate2

The median sale price of a home sold in November 2019 in Fairbury fell by $28,750 while total sales decreased by 50%, according to BlockShopper.com.

In November 2019, there were two homes sold, with a median sale price of $51,500 - a 35.8% decrease over the $80,250 median sale price for the same period of the previous year. There were four homes sold in Fairbury in November 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 4.4%.

The following table compares Fairbury to other Livingston County cities in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Dwight63100%$143,000$54,000164.8%
Flanagan330%$100,000$70,00042.9%
Pontiac68-25%$88,000$76,80014.6%
Fairbury24-50%$51,500$80,250-35.8%
Forrest110%$37,500$80,000-53.1%
Saunemin01-100%$0$40,000-100%
Cornell01-100%$0$48,000-100%
Odell02-100%$0$58,000-100%
Chatsworth00-$0$0-
Streator00-$0$0-
Cullom00-$0$0-

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