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The average price of an existing home sold in Bloomington-Normal this year is $274,895. That's up 44% since 2020.
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Home sales fell nearly 20% in Bloomington-Normal last year, according to new data from the Mid-Illinois Realtors Association.
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Most solar panel projects in Normal have been roof mounted so far but there is potential for more ground mounted units like the one the council approved this week for Grace Church on Hovey Avenue.
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As the seasonal increase in home sales picks up, Realtors say there are no signs the uber-competitive bidding wars will ease in Bloomington-Normal, even with a potential recession coming.
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Illinois State University has closed the sale of its former Shelbourne Apartment complex in Normal for $1.1 million. The buyer says they will renovate the apartments rather than tear them down and start over.
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A total of 102 newly built homes sold in Bloomington-Normal last year. That's $34 million in new property value created in the community to meet demand, according to figures from the Mid-Illinois Association of Realtors. And it's more than twice the amount of new home construction in 2020. Early signs are this year will be even better.
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The Mid-Illinois Realtors Association is urging Bloomington and Normal municipal governments to use pandemic relief money to encourage home ownership.
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Rivian's announcement that it plans to hire 1,800 workers at its electric vehicle plant in Normal by the end of the year has real estate agents and…
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Let’s admit it: Summer 2020 has been awful. (Thanks, COVID-19.) But some in Bloomington-Normal have managed to find bright spots in an otherwise dark…
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The Bloomington-Normal housing market slowed down in 2019, and real estate agents again pointed the finger at low inventory as a main culprit.There were…