Hanna City home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Hanna City fell by $2,800 while total sales increased by 66.7%, according to BlockShopper.com.

From July through September of 2020, there were 10 homes sold, with a median sale price of $115,950 - a 2.4% decrease over the $118,750 median sale price for the same period of the previous year. There were six homes sold in Hanna City in the third quarter of 2019.

The median sales tax in Hanna City for the most recent year with available data, 2018, was $2,328, approximately 2% of the median home sale price for the third quarter of 2020.

The following table compares Hanna City to other Peoria County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Lake Camelot161233.3%$159,500$160,500-0.6%
Hanna City10666.7%$115,950$118,750-2.4%
Peoria Heights403129%$84,950$67,00026.8%

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