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Peoria Standard

Monday, November 25, 2024

Minonk home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Minonk rose by $46,500 while total sales decreased by 71.4%, according to BlockShopper.com.

From January through March of 2017, there were two homes sold, with a median sale price of $71,500 - a 186% increase over the $25,000 median sale price for the same period of the previous year. There were seven homes sold in Minonk in the first quarter of 2016.

The median sales tax in Minonk for 2017 was $1,944.96. In 2016, the median sales tax was $1,987.10. This marks an decrease of 2.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

The following table compares Minonk to other Woodford County cities in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Germantown Hills550%$283,000$156,00081.4%
Metamora11110%$109,900$145,000-24.2%
Spring Bay23-33.3%$102,500$28,000266.1%
Congerville23-33.3%$94,250$160,000-41.1%
Secor3250%$92,000$37,500145.3%
El Paso151136.4%$88,000$90,000-2.2%
Roanoke10911.1%$86,000$100,000-14%
Eureka910-10%$82,700$127,500-35.1%
Minonk27-71.4%$71,500$25,000186%
Benson13-66.7%$50,000$52,500-4.8%
Washburn26-66.7%$49,250$32,00053.9%
Bay View Gardens00-$0$0-
Goodfield02-100%$0$123,250-100%

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