The median sale price of a home sold in the third quarter of 2020 in Downs fell by $94,000 while total sales decreased by 16.7%, according to BlockShopper.com.
From July through September of 2020, there were five homes sold, with a median sale price of $135,000 - a 41% decrease over the $229,000 median sale price for the same period of the previous year. There were six homes sold in Downs in the third quarter of 2019.
The median sales tax in Downs for the most recent year with available data, 2018, was $4,269, approximately 3.2% of the median home sale price for the third quarter of 2020.
The following table compares Downs to other McLean County cities with similar median sales prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Normal | 249 | 180 | 38.3% | $170,000 | $166,000 | 2.4% |
| Lexington | 15 | 10 | 50% | $155,000 | $105,750 | 46.6% |
| Carlock | 6 | 5 | 20% | $147,500 | $134,000 | 10.1% |
| Heyworth | 12 | 15 | -20% | $144,950 | $192,900 | -24.9% |
| Danvers | 7 | 6 | 16.7% | $140,000 | $95,500 | 46.6% |
| Downs | 5 | 6 | -16.7% | $135,000 | $229,000 | -41% |
| Le Roy | 22 | 20 | 10% | $119,000 | $121,500 | -2.1% |
| Colfax | 11 | 8 | 37.5% | $105,000 | $60,250 | 74.3% |
| Chenoa | 10 | 15 | -33.3% | $89,950.50 | $128,000 | -29.7% |
| Gridley | 9 | 7 | 28.6% | $88,500 | $127,000 | -30.3% |
| Bellflower | 2 | 1 | 100% | $85,000 | $8,000 | 962.5% |
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