Normal home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Normal rose by $5,300 while total sales increased by 10.7%, according to BlockShopper.com.

In October 2020, there were 62 homes sold, with a median sale price of $169,000 - a 3.2% increase over the $163,700 median sale price for the same period of the previous year. There were 56 homes sold in Normal in October 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 October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Twin Grove56-16.7%$270,000$241,50011.8%
Hudson34-25%$247,500$228,7508.2%
Downs220%$226,000$225,2500.3%
Danvers41300%$206,500$120,00072.1%
Normal625610.7%$169,000$163,7003.2%
Towanda14-75%$162,000$202,000-19.8%
Bloomington14411129.7%$160,000$157,0001.9%
Carlock10-$158,500$0-
Saybrook10-$150,000$0-
Heyworth610-40%$145,950$126,75015.1%
Le Roy910-10%$118,000$133,750-11.8%

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