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McLean County Times

Tuesday, July 15, 2025

Falling home valuations in Livingston County in February 2025 compared to February 2024

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Kristy Masching, Clerk & Recorder of Livingston County | https://i0.wp.com/www.livingstoncounty-il.org/

Kristy Masching, Clerk & Recorder of Livingston County | https://i0.wp.com/www.livingstoncounty-il.org/

In February, the median sale price of a home in Livingston County fell by $2,597 from the same period in the previous year, while total sales increased by 11.1%, according to BlockShopper.com.

There were 30 homes sold in February, with a median sale price of $90,000 — a 2.8% decrease from the $92,597 median sale price during the same period of the previous year. In comparison, 27 homes were sold in Livingston County in February 2024.

Based on the latest available data from 2021, the median sales tax in Livingston County was $2,252, which stands at 2.5% of February's median home sale price.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Livingston County from February 2024 to February 2025.

February 2024March 2024April 2024May 2024June 2024July 2024August 2024September 2024October 2024November 2024December 2024January 2025February 2025$92,597$92,597$149,950$149,950$96,000$96,000$70,000$70,000$135,000$135,000$129,950$129,950$151,000$151,000$140,000$140,000$115,000$115,000$162,500$162,500$127,500$127,500$114,900$114,900$90,000$90,000

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