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McLean County Times

Sunday, November 24, 2024

Downs home prices rise in the first half of 2019

Realestate2

The median sale price of a home sold in the first half of 2019 in Downs rose by $7,000 while total sales remained unchanged with eight homes sold, according to BlockShopper.com.

From January through June of 2019, there were eight homes sold, with a median sale price of $171,500 - a 4.3% increase over the $164,500 median sale price for the same period of the previous year. There were eight homes sold in Downs in the first half of 2018, as well.

The median sales tax in Downs for the most recent year with available data, 2017, was $4,198, approximately 2.4% of the median home sale price for the first half of 2019.

The following table compares Downs to other McLean County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Twin Grove13130%$215,000$190,00013.2%
Heyworth281947.4%$178,500$132,00035.2%
Downs880%$171,500$164,5004.3%
Bloomington6136002.2%$165,000$158,0004.4%
Normal3092954.7%$159,000$154,0003.2%
Hudson1820-10%$152,000$218,750-30.5%
Lexington1619-15.8%$142,000$90,00057.8%
Danvers15147.1%$125,000$126,400-1.1%
Colfax10911.1%$123,200$102,00020.8%
Gridley911-18.2%$115,000$80,00043.8%
Le Roy1936-47.2%$114,000$126,500-9.9%

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