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McLean County Times

Thursday, November 28, 2024

Fairbury home prices fell in January 2017

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The median sale price of a home sold in January 2017 in Fairbury fell by $48,150 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In January 2017, there were two homes sold, with a median sale price of $82,500 - a 36.9% decrease over the $130,650 median sale price for the same period of the previous year. There were two homes sold in Fairbury in January 2016, as well.

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 3%.

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

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Pontiac410-60%$92,750$71,25030.2%
Fairbury220%$82,500$130,650-36.9%
Flanagan12-50%$75,000$58,00029.3%
Odell110%$37,600$40,000-6%
Forrest110%$35,000$87,000-59.8%
Chatsworth10-$6,200$0-
Streator00-$0$0-
Dwight04-100%$0$77,654.50-100%
Cullom01-100%$0$83,000-100%
Saunemin00-$0$0-
Cornell02-100%$0$37,500-100%

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