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McLean County Times

Thursday, May 2, 2024

Bloomington home prices fall in April 2017

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The median sale price of a home sold in April 2017 in Bloomington fell by $32,500 while total sales decreased by 19.3%, according to BlockShopper.com.

In April 2017, there were 92 homes sold, with a median sale price of $134,250 - a 19.5% decrease over the $166,750 median sale price for the same period of the previous year. There were 114 homes sold in Bloomington in April 2016.

The median sales tax in Bloomington for 2017 was $3,769. In 2016, the median sales tax was $3,784. This marks an decrease of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Bloomington to other McLean County cities in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Colfax12-50%$215,000$71,450200.9%
Hudson41300%$186,250$320,000-41.8%
Downs220%$169,500$122,00038.9%
Normal5557-3.5%$165,000$157,0005.1%
Gridley220%$148,750$31,500372.2%
Bloomington92114-19.3%$134,250$166,750-19.5%
Carlock10-$129,500$0-
Arrowsmith10-$102,000$0-
Le Roy78-12.5%$80,000$131,950-39.4%
Chenoa110%$6,100$78,000-92.2%
McLean01-100%$0$100,000-100%
Towanda00-$0$0-
Anchor00-$0$0-
Twin Grove03-100%$0$181,000-100%
Heyworth03-100%$0$118,900-100%
Lexington03-100%$0$145,000-100%
Stanford01-100%$0$62,000-100%
Saybrook01-100%$0$121,900-100%
Danvers00-$0$0-
Bellflower02-100%$0$75,000-100%

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