Downs, Illinois, is a small, charming village in McLean County, located about 9 miles southeast of Bloomington. With a population of around 1,201 as of the 2020 census, Downs offers a peaceful, rural lifestyle while remaining part of the Bloomington-Normal Metropolitan Statistical Area. The village, originally named "Delta" in 1829 and later renamed "Downs" in 1902 after pioneer settler Lawson Downs, is known for its tight-knit community and highly rated Tri-Valley schools. Situated along U.S. Route 150 and near Interstate 74, Downs provides easy access to nearby cities like Champaign and Bloomington, making it an ideal spot for those seeking a quiet hometown with proximity to urban amenities. The village features local attractions like The Station Saloon, community events such as the annual 4th of July celebration, and natural beauty along Kickapoo Creek, contributing to its friendly, small-town vibe.
Downs currently has 6 single family homes for sale with an average list price of $513,550 and 2 lots for sale with an average list price of $350,250. The average annual property tax for Downs is $5,144.93.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Downs, i.e. what's hot and what's not.
See What's Hot & What's Not in DownsDowns home sales for the month of June stayed the same in volume when compared to last year, while the median sale price rose by 1.4% from $428,500 to $434,300. House sales stayed the same, while the median sale price rose by 1.4% from $428,500 to $434,300.
31
|
24
|
23
|
32
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$310,000
|
$378,775
|
$425,000
|
$335,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |