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McLean County Times

Wednesday, December 4, 2024

March 2017: Fairbury experienced a 69.7% drop in median home prices

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The median sale price of a home sold in March 2017 in Fairbury fell by $112,550 while total sales decreased by 33.3%, according to BlockShopper.com.

In March 2017, there were two homes sold, with a median sale price of $48,901 - a 69.7% decrease over the $161,450 median sale price for the same period of the previous year. There were three homes sold in Fairbury in March 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 5%.

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

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Forrest23-33.3%$192,500$105,00083.3%
Dwight41300%$129,750$77,60067.2%
Cullom110%$90,000$20,000350%
Pontiac13862.5%$80,000$58,75036.2%
Fairbury23-33.3%$48,900.50$161,450-69.7%
Odell52150%$37,010$99,500-62.8%
Chatsworth10-$35,000$0-
Flanagan51400%$34,000$20,00070%
Saunemin00-$0$0-
Cornell02-100%$0$37,036-100%
Streator00-$0$0-

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