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McLean County Times

Friday, November 15, 2024

Normal home prices fall in January 2018

Realestate2

The median sale price of a home sold in January 2018 in Normal fell by $33,500 while total sales increased by 53.3%, according to BlockShopper.com.

In January 2018, there were 46 homes sold, with a median sale price of $145,000 - a 18.8% decrease over the $178,500 median sale price for the same period of the previous year. There were 30 homes sold in Normal in January 2017.

The median sales tax in Normal for the most recent year with available data, 2017, was $3,912, approximately 2.7% of the median home sale price for January 2018.

The following table compares Normal to other McLean County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Chenoa21100%$866,946$45,0001826.5%
Twin Grove12-50%$207,500$172,00020.6%
Heyworth25-60%$174,200$110,00058.4%
Le Roy51400%$160,000$125,00028%
Downs220%$156,750$198,450-21%
Normal463053.3%$145,000$178,500-18.8%
Bloomington8595-10.5%$140,000$149,000-6%
Danvers40-$117,500$0-
Towanda110%$115,000$100,00015%
McLean12-50%$109,330$122,250-10.6%
Stanford10-$85,000$0-

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