Gridley home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Gridley fell by $13,460 while total sales decreased by 25%, according to BlockShopper.com.

In October 2020, there were three homes sold, with a median sale price of $72,165 - a 15.7% decrease over the $85,625 median sale price for the same period of the previous year. There were four homes sold in Gridley in October 2019.

The median sales tax in Gridley for the most recent year with available data, 2017, was $2,596, approximately 3.6% of the median home sale price for October 2020.

The following table compares Gridley to other McLean County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Saybrook10-$150,000$0-
Heyworth610-40%$145,950$126,75015.1%
Le Roy910-10%$118,000$133,750-11.8%
Chenoa13-66.7%$106,500$88,00021%
Arrowsmith21100%$100,000$72,00038.9%
Lexington67-14.3%$90,000$123,500-27.1%
Stanford330%$87,500$123,500-29.1%
Colfax23-33.3%$78,250$122,500-36.1%
Gridley34-25%$72,165$85,625-15.7%
Anchor10-$29,900$0-
McLean330%$29,840$83,500-64.3%

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