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Peoria Standard

Wednesday, November 27, 2024

Secor home prices fall in the second half of 2017

Realestate2

The median sale price of a home sold in the second half of 2017 in Secor fell by $41,250 while total sales decreased by 60%, according to BlockShopper.com.

From July through December of 2017, there were two homes sold, with a median sale price of $52,750 - a 43.9% decrease over the $94,000 median sale price for the same period of the previous year. There were five homes sold in Secor in the second half of 2016.

The median sales tax in Secor for 2017 was $1,410. In 2016, the median sales tax was $1,445. This marks an decrease of 2.4%. 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 Secor to other Woodford County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Goodfield5425%$150,000$126,00019%
Metamora37355.7%$147,500$142,5003.5%
Eureka363116.1%$134,000$126,5005.9%
El Paso2538-34.2%$109,500$90,12521.5%
Bay View Gardens15-80%$98,900$46,500112.7%
Spring Bay550%$98,000$91,0007.7%
Roanoke1722-22.7%$92,000$98,750-6.8%
Washburn1023-56.5%$80,950$37,500115.9%
Minonk231921.1%$65,000$64,9000.2%
Benson34-25%$54,000$76,610-29.5%
Secor25-60%$52,750$94,000-43.9%

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