Normal home prices rise in September 2020

Medium realestate2

The median sale price of a home sold in September 2020 in Normal rose by $9,500 while total sales increased by 86%, according to BlockShopper.com.

In September 2020, there were 106 homes sold, with a median sale price of $171,500 - a 5.9% increase over the $162,000 median sale price for the same period of the previous year. There were 57 homes sold in Normal in September 2019.

The median sales tax in Normal for the most recent year with available data, 2018, was $4,074, approximately 2.4% of the median home sale price for September 2020.

The following table compares Normal to other McLean County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Twin Grove7540%$272,500$180,00051.4%
Hudson7540%$210,000$164,50027.7%
Danvers23-33.3%$190,000$71,000167.6%
Towanda110%$184,500$1,720,000-89.3%
Bloomington16510261.8%$172,000$157,5009.2%
Normal1065786%$171,500$162,0005.9%
Lexington71600%$168,000$50,000236%
Chenoa23-33.3%$132,500.50$79,00067.7%
Heyworth24-50%$132,000$177,450-25.6%
Colfax220%$123,750$91,95034.6%
Gridley220%$115,500$217,500-46.9%

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