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McLean County Times

Wednesday, April 23, 2025

First half of 2022: Towanda experienced a 2.2% increase in median home prices

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The median sale price of a home sold in the first half of 2022 in Towanda rose by $3,475 while total sales decreased by 37.5 percent, according to BlockShopper.com.

From January through June, there were five homes sold, with a median sale price of $165,000 - a 2.2 percent increase over the $161,525 median sale price for the same period of the previous year. There were eight homes sold in Towanda in the first half of 2021.

The median sales tax in Towanda for the most recent year with available data, 2018, was $3,378, approximately two percent of the median home sale price for the first half of 2022.

The following table compares Towanda 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)
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
Le Roy39368.3$130,000$127,0002.4
Bellflower73133.3$129,500$52,000149

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