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McLean County Times

Friday, November 1, 2024

Downs home prices fall in November 2018

Realestate1

The median sale price of a home sold in November 2018 in Downs fell by $1,122,000 while total sales increased by 50%, according to BlockShopper.com.

In November 2018, there were three homes sold, with a median sale price of $198,000 - a 85% decrease over the $1,320,000 median sale price for the same period of the previous year. There were two homes sold in Downs in November 2017.

The median sales tax in Downs for the most recent year with available data, 2017, was $4,198, approximately 2.1% of the median home sale price for November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Twin Grove20-$374,250$0-
Chenoa13-66.7%$265,000$74,000258.1%
Heyworth46-33.3%$218,500$183,00019.4%
Towanda220%$203,950$152,37533.8%
Arrowsmith10-$201,500$0-
Downs3250%$198,000$1,320,000-85%
Bloomington90873.4%$177,250$160,00010.8%
Normal54515.9%$160,000$152,5004.9%
Hudson84100%$127,500$157,500-19%
Le Roy47-42.9%$116,625$128,500-9.2%
Lexington110%$91,500$210,000-56.4%

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