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McLean County Times

Monday, April 29, 2024

Bloomington home prices fall in January 2018

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The median sale price of a home sold in January 2018 in Bloomington fell by $9,000 while total sales decreased by 10.5%, according to BlockShopper.com.

In January 2018, there were 85 homes sold, with a median sale price of $140,000 - a 6% decrease over the $149,000 median sale price for the same period of the previous year. There were 95 homes sold in Bloomington in January 2017.

The median sales tax in Bloomington for the most recent year with available data, 2017, was $3,769, approximately 2.7% of the median home sale price for January 2018.

The following table compares Bloomington 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)
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-
Hudson34-25%$80,000$173,250-53.8%

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