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McLean County Times

Tuesday, November 26, 2024

Home prices decreased in Fairbury during October 2019

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The median sale price of a home sold in October 2019 in Fairbury fell by $7,000 while total sales decreased by 20%, according to BlockShopper.com.

In October 2019, there were four homes sold, with a median sale price of $65,000 - a 9.7% decrease over the $72,000 median sale price for the same period of the previous year. There were five homes sold in Fairbury in October 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 October 2019:

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Cullom14-75%$150,000$5,0002900%
Dwight68-25%$136,750$127,5007.3%
Odell13-66.7%$99,900$45,000122%
Pontiac16160%$73,500$79,500-7.5%
Fairbury45-20%$65,000$72,000-9.7%
Saunemin110%$42,503$130,000-67.3%
Flanagan12-50%$23,571$78,000-69.8%
Cornell01-100%$0$17,500-100%
Chatsworth00-$0$0-
Streator00-$0$0-
Forrest03-100%$0$100,000-100%

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