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McLean County Times

Tuesday, November 26, 2024

Downs home prices rise in October 2019

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The median sale price of a home sold in October 2019 in Downs rose by $48,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In October 2019, there were two homes sold, with a median sale price of $225,250 - a 27.6% increase over the $176,500 median sale price for the same period of the previous year. There were two homes sold in Downs in October 2018, as well.

The median sales tax in Downs for the most recent year with available data, 2018, was $4,269, approximately 1.9% of the median home sale price for October 2019.

The following table compares Downs 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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