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McLean County Times

Sunday, November 24, 2024

Normal home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Normal fell by $7,250 while total sales decreased by 3.5%, according to BlockShopper.com.

From January through March of 2018, there were 110 homes sold, with a median sale price of $145,000 - a 4.8% decrease over the $152,250 median sale price for the same period of the previous year. There were 114 homes sold in Normal in the first quarter of 2017.

The median sales tax in Normal for the most recent year with available data, 2017, was $3,912.10, approximately 2.7% of the median home sale price for the first quarter of 2018.

The following table compares Normal to other McLean County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Twin Grove67-14.3%$209,250$220,000-4.9%
Anchor10-$180,000$0-
Le Roy814-42.9%$158,750$92,00072.6%
Downs24-50%$156,750$140,25011.8%
Bloomington216252-14.3%$147,750$150,075-1.5%
Normal110114-3.5%$145,000$152,250-4.8%
Danvers56-16.7%$130,000$90,25044%
Carlock5366.7%$126,500$130,000-2.7%
Towanda330%$115,000$100,00015%
Heyworth67-14.3%$113,000$93,00021.5%
Stanford10-$85,000$0-

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