From July through September of 2017, there were 10 homes sold, with a median sale price of $74,000. There were 15 homes sold in Minonk in the third quarter of 2016, and the median sales price for the period was also $74,000.
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 2.6%.
The following table compares Minonk to other Woodford County cities with similar median sales prices in the third quarter of 2017:
City | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Germantown Hills | 7 | 16 | -56.3% | $225,000 | $181,250 | 24.1% |
Goodfield | 2 | 3 | -33.3% | $197,500 | $132,000 | 49.6% |
Metamora | 19 | 17 | 11.8% | $165,000 | $159,500 | 3.4% |
Eureka | 18 | 18 | 0% | $144,500 | $133,000 | 8.6% |
Spring Bay | 3 | 4 | -25% | $123,000 | $108,000 | 13.9% |
El Paso | 12 | 17 | -29.4% | $112,250 | $105,000 | 6.9% |
Roanoke | 11 | 10 | 10% | $92,000 | $92,200 | -0.2% |
Washburn | 8 | 12 | -33.3% | $84,950 | $62,000 | 37% |
Minonk | 10 | 15 | -33.3% | $74,000 | $74,000 | 0% |
Secor | 1 | 3 | -66.7% | $73,000 | $94,000 | -22.3% |
Benson | 3 | 1 | 200% | $54,000 | $76,220 | -29.2% |