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McLean County Times

Saturday, November 23, 2024

Downs home prices fall in April 2018

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The median sale price of a home sold in April 2018 in Downs fell by $29,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In April 2018, there were two homes sold, with a median sale price of $140,500 - a 17.1% decrease over the $169,500 median sale price for the same period of the previous year. There were two homes sold in Downs in April 2017, as well.

The median sales tax in Downs for the most recent year with available data, 2017, was $4,198, approximately 3% of the median home sale price for April 2018.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Bloomington92920%$179,500$134,25033.7%
Hudson24-50%$159,250$186,250-14.5%
Normal4955-10.9%$154,900$165,000-6.1%
Downs220%$140,500$169,500-17.1%
Danvers20-$133,900$0-
Carlock110%$131,000$129,5001.2%
Chenoa31200%$120,000$6,1001867.2%
Towanda10-$114,900$0-
Le Roy11757.1%$95,000$80,00018.8%
Heyworth20-$86,306.50$0-
Gridley12-50%$80,000$148,750-46.2%

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