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 7 single family homes for sale with an average list price of $224,071.43 and 1 lot for sale with a list price of $10,000. The average annual property tax for Minonk is $2,355.50.
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 August rose in volume by 100% when compared to last year, while the median sale price decreased by 25.4% from $180,000 to $134,250. House sales rose by 100%, while the median sale price decreased by 25.4% from $180,000 to $134,250.
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 |