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Peoria Standard

Tuesday, November 26, 2024

Minonk home prices fall in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Minonk fell by $63,500 while total sales increased by 14.3%, according to BlockShopper.com.

From January through March of 2019, there were eight homes sold, with a median sale price of $48,500 - a 56.7% decrease over the $112,000 median sale price for the same period of the previous year. There were seven homes sold in Minonk in the first quarter of 2018.

The median sales tax in Minonk for the most recent year with available data, 2018, was $1,965, approximately 4.1% of the median home sale price for the first quarter of 2019.

The following table compares Minonk to other Woodford County cities in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Congerville10-$200,000$0-
Eureka421-81%$176,500$106,00066.5%
Metamora171241.7%$141,500$133,7505.8%
Germantown Hills58-37.5%$132,000$228,200-42.2%
El Paso5425%$117,000$91,20028.3%
Roanoke990%$57,000$54,5004.6%
Benson30-$50,000$0-
Spring Bay220%$50,000$38,50029.9%
Secor220%$49,593.50$24,250104.5%
Minonk8714.3%$48,500$112,000-56.7%
Washburn550%$36,000$75,000-52%
Goodfield01-100%$0$282,500-100%
Bay View Gardens00-$0$0-

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