Minonk, Illinois, is a small, charming town in Woodford County with a population of about 2,000. Known for its rich agricultural heritage, it sits amidst sprawling farmlands and features a tight-knit community atmosphere. The town’s historic downtown includes local businesses, a few restaurants, and the iconic Minonk water tower, a recognizable landmark. Minonk hosts community events like the annual Fourth of July celebration and has a proud history tied to its early German and Irish settlers. With a peaceful, rural vibe and proximity to larger cities like Peoria and Bloomington, Minonk offers a quiet lifestyle with a strong sense of community pride.
Minonk currently has 1 single family home for sale with a list price of $85,000 and 1 lot for sale with a list price of $10,000. The average annual property tax for Minonk is $2,377.49.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Minonk, i.e. what's hot and what's not.
See What's Hot & What's Not in MinonkMinonk home sales for the month of July rose in volume by 150% when compared to last year, while the median sale price rose by 9% from $133,000 to $145,000. House sales rose by 400%, while the median sale price decreased by 0.7% from $146,000 to $145,000.
41
|
11
|
14
|
10
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$84,325
|
$100,000
|
$148,500
|
$148,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |