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McLean County Times

Monday, November 25, 2024

Bloomington home prices fall in December 2018

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The median sale price of a home sold in December 2018 in Bloomington fell by $12,850 while total sales decreased by 12.3%, according to BlockShopper.com.

In December 2018, there were 64 homes sold, with a median sale price of $152,500 - a 7.8% decrease over the $165,350 median sale price for the same period of the previous year. There were 73 homes sold in Bloomington in December 2017.

The median sales tax in Bloomington for the most recent year with available data, 2017, was $3,769, approximately 2.5% of the median home sale price for December 2018.

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

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Danvers110%$295,000$135,000118.5%
Gridley110%$209,000$18,0001061.1%
Twin Grove110%$175,000$163,0007.4%
Carlock10-$160,000$0-
Normal352920.7%$157,000$150,0004.7%
Bloomington6473-12.3%$152,500$165,350-7.8%
Heyworth41300%$119,750$235,000-49%
Le Roy550%$116,000$85,00036.5%
McLean23-33.3%$96,500$20,000382.5%
Hudson21100%$93,000$169,000-45%
Chenoa30-$78,500$0-

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