Normal, Illinois Housing Market Prices
Normal Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 14% below the Illinois median$128,217
-
Median rent 24% below the Illinois median$966
Housing Market Overview
| Metric | Normal | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $128,217 | $149,936 | $248,835 |
| Price Trend (Annual %) | 1.9% | 2.5% | 7.5% |
| Median Gross Rent | $966 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 1.5% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Normal is about 14% lower than in Illinois. Rent is about 24% lower than the Illinois average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Normal, up about 1.9% and 1.5% a year respectively. Home prices are changing faster.
Median rent in Normal rose about 19.5% between 2015 and 2024, from $808 to $966. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 2.2 yearly household incomes in Normal.
Buying the median-priced home in Normal costs roughly 11.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Normal. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Normal | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $128,217 | $149,936 | $248,835 |
| Median Household Income | $57,796 | $84,042 | $80,455 |
| Price-to-Income Ratio | 2.2 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Normal rose about 2.2%, while median household income rose about 33.4% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Normal | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 46.6% | 61.9% | 58.5% |
| Rental Rate | 44.5% | 30.4% | 31.2% |
| Vacancy Rate | 8.9% | 7.7% | 10.2% |
| Median Tenure (years) | 10.0 | 16.0 | 15.0 |
| Median Year Moved In | 2016 | 2010 | 2011 |
Normal has a homeownership rate of 46.6%, lower than the Illinois average of 61.9%. Its housing vacancy rate is 8.9%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Normal | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.23 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1985 | 1969 | 1978 |
| Median Number of Rooms | 5.4 | 5.6 | 5.5 |
The typical housing unit in Normal was built around 1985. On average, 2.2 people live in a home with about 5.4 rooms, staying for about 10.0 years on average.
Normal, IL Housing Compared With Nearby Cities
How Normal, IL compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Normal, IL | 43,476 | $128,217 #1/2 | $966 #2/2 | 51.2% #2/2 |
| Bloomington, IL | 63,748 | $72,416 | $993 | 60.6% |
Frequently Asked Questions
Common questions about the housing market in Normal, Illinois.
What is the median home price in Normal, Illinois?
The median home price in Normal, Illinois is $128,217, lower than the Illinois average of $149,936.
What is the average home price in Normal, Illinois?
The typical home price in Normal, Illinois, reported as the median sale price, is $128,217. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Normal, Illinois?
The median gross rent in Normal, Illinois is $966 per month, lower than the Illinois average of $1,274.
What was the median gross rent in Normal in 2020?
In 2020, the median gross rent in Normal, Illinois was $858 per month.
What is the price-to-rent ratio in Normal, Illinois?
The price-to-rent ratio in Normal, Illinois is about 11.1, meaning it would take roughly 11.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Normal.
Are home prices or rent rising faster in Normal, Illinois?
Both home prices and rent are rising in Normal, up about 1.9% and 1.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Normal, Illinois?
46.6% of households in Normal, Illinois own their home, lower than the Illinois average of 61.9%.
What is the vacancy rate in Normal, Illinois?
The housing vacancy rate in Normal, Illinois is 8.9%, higher than the Illinois average of 7.7%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →