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Friday, November 22, 2024

Minonk home prices unchanged in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Minonk was unchanged while total sales decreased by 33.3%, according to BlockShopper.com.

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:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Germantown Hills716-56.3%$225,000$181,25024.1%
Goodfield23-33.3%$197,500$132,00049.6%
Metamora191711.8%$165,000$159,5003.4%
Eureka18180%$144,500$133,0008.6%
Spring Bay34-25%$123,000$108,00013.9%
El Paso1217-29.4%$112,250$105,0006.9%
Roanoke111010%$92,000$92,200-0.2%
Washburn812-33.3%$84,950$62,00037%
Minonk1015-33.3%$74,000$74,0000%
Secor13-66.7%$73,000$94,000-22.3%
Benson31200%$54,000$76,220-29.2%

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