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Peoria Standard

Sunday, November 24, 2024

Minonk home prices fall in 2017

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The median sale price of a home sold in 2017 in Minonk fell by $1,950 while total sales increased by 23.3%, according to BlockShopper.com.

From January through December of 2017, there were 37 homes sold, with a median sale price of $67,500 - a 2.8% decrease over the $69,450 median sale price for the previous year. There were 30 homes sold in Minonk in 2016.

The median sales tax in Minonk for 2017 was $1,945. In 2016, the median sales tax was $1,987. 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 2.9%.

The following table compares Minonk to other Woodford County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Goodfield11837.5%$181,000$126,00043.7%
Metamora6369-8.7%$142,000$145,000-2.1%
Eureka67636.3%$121,000$136,000-11%
El Paso5261-14.8%$112,500$95,25018.1%
Bay View Gardens17-85.7%$98,900$77,50027.6%
Roanoke3843-11.6%$90,000$100,000-10%
Spring Bay10100%$86,500$68,00027.2%
Washburn1433-57.6%$78,450$37,500109.2%
Minonk373023.3%$67,500$69,450-2.8%
Benson511-54.5%$54,000$76,220-29.2%
Secor990%$40,000$48,000-16.7%

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