The Housing Market in Bloomington-Normal is on the rise.
The number of sales was up 3.9% through May compared with the start of 2019, according to the Bloomington-Normal Association of Realtors (BNAR).
Pending sales were up 12.3% at the end of May.
The average price of a home sold in BNAR’s territory is $169,787. That’s down 2.3% from this time a year ago, but there has been a 25% increase in sales in rural communities where the homes are cheaper.
Prices in Bloomington-Normal alone rose 6% through May.
