From October through December of 2017, there were 13 homes sold, with a median sale price of $50,500 - a 8.7% increase over the $46,450 median sale price for the same period of the previous year. There were four homes sold in Minonk in the fourth 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 3.9%.
The following table compares Minonk to other Woodford County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Germantown Hills | 12 | 7 | 71.4% | $206,000 | $193,000 | 6.7% |
| Goodfield | 3 | 1 | 200% | $130,000 | $120,000 | 8.3% |
| Metamora | 18 | 18 | 0% | $111,500 | $121,250 | -8% |
| El Paso | 13 | 21 | -38.1% | $105,000 | $82,000 | 28% |
| Bay View Gardens | 1 | 2 | -50% | $98,900 | $45,750 | 116.2% |
| Roanoke | 6 | 12 | -50% | $96,750 | $103,250 | -6.3% |
| Eureka | 18 | 13 | 38.5% | $91,000 | $113,500 | -19.8% |
| Spring Bay | 2 | 1 | 100% | $86,000 | $45,000 | 91.1% |
| Washburn | 2 | 11 | -81.8% | $79,500 | $37,500 | 112% |
| Minonk | 13 | 4 | 225% | $50,500 | $46,450 | 8.7% |
| Secor | 1 | 2 | -50% | $32,500 | $74,500 | -56.4% |
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