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McLean County Times

Friday, November 22, 2024

How did home prices perform in Bellflower during the first half of 2022?

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The median sale price of a home sold in the first half of 2022 in Bellflower rose by $77,500 while total sales increased by 133.3 percent, according to BlockShopper.com.

From January through June, there were seven homes sold, with a median sale price of $129,500 - a 149 percent increase over the $52,000 median sale price for the same period of the previous year. There were three homes sold in Bellflower in the first half of 2021.

The median sales tax in Bellflower for the most recent year with available data, 2018, was $1,721, approximately 1.3 percent of the median home sale price for the first half of 2022.

The following table compares Bellflower 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)
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
Stanford57-28.6$123,000$103,00019.4
McLean910-10$115,000$125,000-8
Gridley1214-14.3$114,500$109,7504.3
Colfax57-28.6$105,000$127,500-17.6
Chenoa1117-35.3$85,000$112,000-24.1

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