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McLean County Times

Sunday, December 22, 2024

Normal home prices rise in April 2017

Realestate4

The median sale price of a home sold in April 2017 in Normal rose by $8,000 while total sales decreased by 3.5%, according to BlockShopper.com.

In April 2017, there were 55 homes sold, with a median sale price of $165,000 - a 5.1% increase over the $157,000 median sale price for the same period of the previous year. There were 57 homes sold in Normal in April 2016.

The median sales tax in Normal for 2017 was $3,912. In 2016, the median sales tax was $3,872. This marks an increase of 1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Normal 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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