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McLean County Times

Sunday, December 22, 2024

Downs home prices rise in April 2017

Realestate077

The median sale price of a home sold in April 2017 in Downs rose by $47,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In April 2017, there were two homes sold, with a median sale price of $169,500 - a 38.9% increase over the $122,000 median sale price for the same period of the previous year. There were two homes sold in Downs in April 2016, as well.

The median sales tax in Downs for 2017 was $4,198. In 2016, the median sales tax was $4,138. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Downs 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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