10/12/2026
I keep hearing, “Is the market slowing down?” The honest answer: it depends on the house.
In McLean County, fewer new listings came on the market in September than in August. At the same time, the national average 30-year mortgage rate reached 7.40% last week. Buyers are watching their payments closely—and being more selective.
A home that’s priced right and shows well can still get strong interest. A home that needs work or has been sitting may leave more room to negotiate.
Buyers: know your updated payment before you fall in love with a house. Sellers: price for today’s market, not the highest listing you saw this summer.
Thinking about making a move in Bloomington-Normal? Let’s look at the numbers for your neighborhood and price range. 🏡
I’m a licensed REALTOR with RE/MAX Rising
(309) 750-2786
Brittany-patterson.remax.com
Market data: September 2026. Mortgage rate: Freddie Mac national average as of October 8; individual rates vary.