Brimfield 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 Brimfield fell by $21,250 while total sales decreased by 75%, according to BlockShopper.com.

From July through September of 2020, there were two homes sold, with a median sale price of $121,250 - a 14.9% decrease over the $142,500 median sale price for the same period of the previous year. There were eight homes sold in Brimfield in the third quarter of 2019.

The median sales tax in Brimfield for the most recent year with available data, 2018, was $2,421, approximately 2% of the median home sale price for the third quarter of 2020.

The following table compares Brimfield 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)
Mapleton3250%$170,500$83,750103.6%
Lake Camelot161233.3%$159,500$160,500-0.6%
Dunlap121020%$157,950$160,250-1.4%
Brimfield28-75%$121,250$142,500-14.9%
Peoria70454628.9%$120,500$103,00017%
Hanna City10666.7%$115,950$118,750-2.4%
Chillicothe3645-20%$97,950$115,500-15.2%
Bartonville43422.4%$93,000$91,0002.2%
Rome10742.9%$92,500$97,500-5.1%
Elmwood171513.3%$88,500$91,000-2.7%
Peoria Heights403129%$84,950$67,00026.8%

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