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McLean County Times

Friday, November 22, 2024

First half of 2022: Home prices in Twin Grove increased

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The median sale price of a home sold in the first half of 2022 in Twin Grove rose by $97,500 while total sales increased by 38.5 percent, according to BlockShopper.com.

From January through June, there were 18 homes sold, with a median sale price of $360,000 - a 37.1 percent increase over the $262,500 median sale price for the same period of the previous year. There were 13 homes sold in Twin Grove in the first half of 2021.

The median sales tax in Twin Grove for the most recent year with available data, 2018, was $5,022, approximately 1.4 percent of the median home sale price for the first half of 2022.

The following table compares Twin Grove to other McLean County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Twin Grove181338.5$360,000$262,50037.1
Downs314-78.6$348,000$191,47581.7
Hudson201811.1$252,800$141,00079.3
Normal295335-11.9$200,000$174,90014.4
Heyworth231735.3$190,000$150,00026.7
Bloomington619717-13.7$179,000$170,0005.3
Danvers1820-10$177,000$122,00045.1
Towanda58-37.5$165,000$161,5252.2
Lexington2225-12$159,350$145,0009.9
Carlock63100$147,500$130,00013.5
Anchor24-50$141,000$32,250337.2

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