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Saturday, April 26, 2025

2021: Roanoke experienced a 12.4% drop in median home prices

Webp realestate5

The median sale price of a home sold in 2021 in Roanoke fell by $12,750 while total sales decreased by 47.5%, according to BlockShopper.com.

From January through December of 2021, there were 21 homes sold, with a median sale price of $90,000 - a 12.4% decrease over the $102,750 median sale price for the previous year. There were 40 homes sold in Roanoke in 2020.

The median sales tax in Roanoke for the most recent year with available data, 2020, was $2,352, approximately 2.6% of the median home sale price for 2021.

The following table compares Roanoke to other Woodford County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Goodfield89-11.1%$163,000$145,50012%
Eureka5379-32.9%$146,500$150,000-2.3%
Congerville38-62.5%$120,000$146,000-17.8%
El Paso2568-63.2%$119,000$121,500-2.1%
Bay View Gardens14-75%$105,000$56,25086.7%
Spring Bay6450%$100,000$50,75097%
Roanoke2140-47.5%$90,000$102,750-12.4%
Minonk2841-31.7%$81,162.50$92,000-11.8%
Washburn1121-47.6%$75,000$79,900-6.1%
Benson46-33.3%$70,250$75,500-7%
Secor46-33.3%$66,500$68,750-3.3%

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