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McLean County Times

Tuesday, November 26, 2024

Bloomington home prices rise in October 2019

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The median sale price of a home sold in October 2019 in Bloomington rose by $1,000 while total sales decreased by 14%, according to BlockShopper.com.

In October 2019, there were 111 homes sold, with a median sale price of $157,000 - a 0.6% increase over the $156,000 median sale price for the same period of the previous year. There were 129 homes sold in Bloomington in October 2018.

The median sales tax in Bloomington for the most recent year with available data, 2018, was $3,866, approximately 2.5% of the median home sale price for October 2019.

The following table compares Bloomington to other McLean County cities with similar median sales prices in October 2019:

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Twin Grove6520%$241,500$218,50010.5%
Hudson4333.3%$228,750$157,00045.7%
Downs220%$225,250$176,50027.6%
Towanda40-$202,000$0-
Normal564914.3%$163,700$158,5003.3%
Bloomington111129-14%$157,000$156,0000.6%
Le Roy102400%$133,750$134,000-0.2%
Heyworth103233.3%$126,750$165,000-23.2%
Lexington72250%$123,500$72,50170.3%
Stanford3250%$123,500$81,25052%
Colfax330%$122,500$59,900104.5%

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