From January through June of 2017, there were 10 homes sold, with a median sale price of $230,000. There were 17 homes sold in Twin Grove in the first half of 2016, and the median sales price for the period was also $230,000.
The median sales tax in Twin Grove for 2017 was $4,764. In 2016, the median sales tax was $4,614. This marks an increase of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.
The following table compares Twin Grove to other McLean County cities with similar median sales prices in the first half of 2017:
City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Twin Grove | 10 | 17 | -41.2% | $230,000 | $230,000 | 0% |
Normal | 345 | 353 | -2.3% | $159,900 | $150,000 | 6.6% |
Bloomington | 650 | 682 | -4.7% | $155,000 | $150,500 | 3% |
Hudson | 21 | 16 | 31.3% | $148,000 | $167,250 | -11.5% |
Heyworth | 17 | 23 | -26.1% | $145,000 | $135,500 | 7% |
Downs | 10 | 12 | -16.7% | $143,750 | $167,750 | -14.3% |
Carlock | 4 | 1 | 300% | $129,750 | $101,000 | 28.5% |
Lexington | 27 | 17 | 58.8% | $125,000 | $102,000 | 22.5% |
Danvers | 16 | 14 | 14.3% | $121,000 | $108,450 | 11.6% |
Colfax | 8 | 7 | 14.3% | $120,000 | $72,000 | 66.7% |
Gridley | 14 | 13 | 7.7% | $118,500 | $105,000 | 12.9% |