How much do homes in McLean County, IL cost?

Median List Price

$175,000

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$4,022(+2.4%)

Key Takeaway

The list price of homes in McLean County has increased by 2.4% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $65.2K$76K+16.6%
2 $102.2K$109.3K+7.0%
3 $149.9K$154.9K+3.3%
4 $214.4K$226.2K+5.5%
5+ $314.6K$349.9K+11.2%

Median List Price Compared To Nearby Counties

Ford County
+16.8%
De Witt County
+15.7%
Woodford County
+4.3%
McLean County
+2.4%
Piatt County
-1.8%

How many homes are available in McLean County, IL?

Number of Homes For Sale

Jul 2021Aug 2021%
894869-2.8%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 67+16.7%
2 129141+9.3%
3 3703720.5%
4 278255-8.3%
5+ 11194-15.3%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
113 Days73 Days-35.0%

Breakdown of Home Sale Times

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Key Takeaway

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About McLean County, IL

McLean County, IL has 869 homes on the market. The number of listings in McLean County, IL decreased by 2.8% between July 2021 and August 2021. In August 2021, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $175,000. Listing prices have changed in this real estate market between July 2021 and August 2021: prices of 1 bedroom properties went up by 16.6%, the cost of 2 bedrooms properties went up by 7%, 3 bedrooms properties became 3.3% more expensive, 4 bedrooms properties became 5.5% more expensive, 5 bedrooms properties became 11.2% more expensive. Volume of homes for sale changed: volume of 1 bedroom homes went up by 16.7%, volume of 2 bedrooms homes went up by 9.3%, volume of 3 bedrooms homes went up by 0.5%, number of 4 bedrooms homes decreased by 8.3%, volume of 5 bedrooms homes went down by 15.3%. While more than 134 listings in McLean County, IL in August 2021 were sold above asking price, there were more than 54 listings sold at asking price, and more than 72 were sold below.

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