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McLean County Times

Friday, May 17, 2024

Pricing for the median home in Fairbury increased during April 2017

Realestate3

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Adobe Stock

The median sale price of a home sold in April 2017 in Fairbury rose by $26,750 while total sales decreased by 60%, according to BlockShopper.com.

In April 2017, there were two homes sold, with a median sale price of $126,750 - a 26.8% increase over the $100,000 median sale price for the same period of the previous year. There were five homes sold in Fairbury in April 2016.

The median sales tax in Fairbury for 2017 was $2,451. In 2016, the median sales tax was $2,416. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Fairbury to other Livingston County cities in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Forrest21100%$161,250$17,000848.5%
Fairbury25-60%$126,750$100,00026.8%
Pontiac191258.3%$87,000$60,00045%
Odell21100%$81,250$143,000-43.2%
Dwight8633.3%$75,000$41,80079.4%
Flanagan42100%$39,900.50$52,450-23.9%
Chatsworth20-$21,000$0-
Saunemin110%$14,929$50,000-70.1%
Cornell01-100%$0$128,000-100%
Streator00-$0$0-
Cullom00-$0$0-

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