Le Roy home prices fall in the third quarter of 2020

Medium realestate4

The median sale price of a home sold in the third quarter of 2020 in Le Roy fell by $2,500 while total sales increased by 10%, according to BlockShopper.com.

From July through September of 2020, there were 22 homes sold, with a median sale price of $119,000 - a 2.1% decrease over the $121,500 median sale price for the same period of the previous year. There were 20 homes sold in Le Roy in the third quarter of 2019.

The median sales tax in Le Roy for the most recent year with available data, 2018, was $3,034, approximately 2.5% of the median home sale price for the third quarter of 2020.

The following table compares Le Roy to other McLean 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)
Lexington151050%$155,000$105,75046.6%
Carlock6520%$147,500$134,00010.1%
Heyworth1215-20%$144,950$192,900-24.9%
Danvers7616.7%$140,000$95,50046.6%
Downs56-16.7%$135,000$229,000-41%
Le Roy222010%$119,000$121,500-2.1%
Colfax11837.5%$105,000$60,25074.3%
Chenoa1015-33.3%$89,950.50$128,000-29.7%
Gridley9728.6%$88,500$127,000-30.3%
Bellflower21100%$85,000$8,000962.5%
Arrowsmith26-66.7%$85,000$102,000-16.7%

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