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McLean County Times

Saturday, November 2, 2024

Bloomington home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Bloomington rose by $2,000 while total sales increased by 48.3%, according to BlockShopper.com.

In October 2018, there were 129 homes sold, with a median sale price of $156,000 - a 1.3% increase over the $154,000 median sale price for the same period of the previous year. There were 87 homes sold in Bloomington in October 2017.

The median sales tax in Bloomington for the most recent year with available data, 2017, was $3,769, approximately 2.4% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Twin Grove5366.7%$218,500$172,50026.7%
Downs21100%$176,500$87,000102.9%
Heyworth330%$165,000$115,00043.5%
Normal4960-18.3%$158,500$150,0005.7%
Hudson34-25%$157,000$131,00019.8%
Bloomington1298748.3%$156,000$154,0001.3%
Le Roy23-33.3%$134,000$84,90057.8%
Gridley3250%$95,750$125,750-23.9%
Chenoa110%$82,000$70,00017.1%
Stanford21100%$81,250$6,5001150%
Lexington220%$72,501$100,000-27.5%

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