$405,000
- 5 Beds
- 3.5 Baths
- 3,265 sqft
723 Balsam Rd, Normal, IL 61761
Est. Refi. Payment $2,891/mo*
Refinance Your HomeCurrently Off Market - Sold May 16, 2017 for $266,000
Home Value
Trulia Estimate
$405KSince last month
Decreased$4K (-0.9%)Since last year
Decreased$300 (-0.1%)Since last sale
Increased$140K (+52.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +53% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $406K |
| August 2026 | $405K |
| July 2026 | $409K |
| June 2026 | $415K |
| May 2026 | $418K |
| April 2026 | $409K |
| March 2026 | $395K |
| February 2026 | $393K |
| January 2026 | $395K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | $415,000 | 11/20/25 | 5 | 3.5 | 3,450 | |
0.08 | Single-Family Home | $296,000 | 08/14/26 | 4 | 3 | 2,840 | |
0.06 | Single-Family Home | $415,000 | 05/05/26 | 4 | 3.5 | 3,063 | |
0.04 | Single-Family Home | $429,900 | 11/07/25 | 5 | 3.5 | 2,319 | |
0.22 | Single-Family Home | $305,000 | 09/01/26 | 4 | 2.5 | 2,744 | |
0.21 | Single-Family Home | $359,900 | 09/16/25 | 4 | 3 | 3,066 | |
0.17 | Single-Family Home | $325,000 | 06/22/26 | 3 | 3 | 2,732 | |
0.25 | Single-Family Home | $452,500 | 12/05/25 | 5 | 3.5 | 3,792 | |
0.21 | Single-Family Home | $295,000 | 10/17/25 | 4 | 3 | 2,075 | |
0.19 | Single-Family Home | $325,000 | 05/01/26 | 3 | 3 | 2,744 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $382,300 | 5 | 3.5 | 3,424 | Off Market | |
0.06 | $312,600 | 4 | 2.5 | 2,051 | Off Market | |
0.05 | $256,500 | 3 | 3 | 2,463 | Off Market | |
0.04 | $448,400 | 5 | 3.5 | 2,319 | Off Market | |
0.08 | $296,000 | 4 | 3 | 2,840 | Recently Sold | |
0.06 | $398,200 | 5 | 3.5 | 3,367 | Off Market | |
0.06 | $415,000 | 4 | 3.5 | 3,063 | Recently Sold | |
0.08 | $254,600 | 2 | 2 | 1,186 | Off Market | |
0.07 | $404,200 | 5 | 3.5 | 2,479 | Off Market | |
0.07 | $415,000 | 5 | 3.5 | 3,450 | Recently Sold | |
0.09 | $274,200 | 3 | 3.5 | 1,728 | Off Market | |
0.10 | $260,300 | 3 | 2.5 | 2,124 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2007
3,265 sqft
$124/sqft
About this House
This single-family home is located at 723 Balsam Rd, Normal, IL. 723 Balsam Rd is in Normal, IL and in ZIP code 61761. This property has 5 bedrooms, 4 bathrooms and approximately 3,265 sqft of floor space. This property was built in 2007.
723 Balsam Rd, Normal, IL 61761 is a 5 bedroom, 4 bathroom, 3,265 sqft single-family home built in 2007. It last sold for $266,000 on May 16, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $405,000, with a rent estimate of $3,026/month.
Home Details for 723 Balsam Rd
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Interior Details Basement |
Levels, Entrance, & Accessibility Stories: 2 |
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Year Built Year Built: 2007 |
Property Type / Style Property Type: Single Family Home |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 24, 2021 Source: N/A | ListingRemoved | |
May 16, 2017 Source: N/A | Sold | $266,000 |
May 8, 2017 Source: N/A | PendingToActive | $272,500 |
Apr 10, 2017 Source: N/A | Pending | $272,500 |
Apr 4, 2017 Source: N/A | Listed For Sale | $272,500 |
Sep 28, 2012 Source: MRED as distributed by MLS GRID #10204342 | Sold | $247,500 |
Sep 14, 2012 Source: Agent Provided | Pending | $255,000 |
Aug 1, 2012 Source: Agent Provided | PriceChange | $255,000 Price decreased by 2% |
May 4, 2012 Source: Agent Provided | PriceChange | $259,000 Price decreased by 4% |
Feb 3, 2012 Source: Agent Provided | Listed For Sale | $270,000 |
Aug 4, 2011 Source: Agent Provided | ListingRemoved | $274,900 |
Apr 30, 2011 Source: Agent Provided | PriceChange | $274,900 Price decreased by 2% |
Mar 13, 2011 Source: Agent Provided | PriceChange | $279,900 Price decreased by 3% |
Dec 17, 2010 Source: Agent Provided | PriceChange | $289,900 Price decreased by 2% |
Jul 17, 2010 Source: Agent Provided | PriceChange | $295,000 Price decreased by 1% |
Jun 13, 2010 Source: Agent Provided | Listed For Sale | $297,900 |
Sep 30, 2009 Source: MRED as distributed by MLS GRID #10189454 | Sold | $285,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $9,095 | $369,267 |
Home facts updated by county records
Market trends in Normal
Last updated July 2026
Avg. sale price
$270K
$7KMoM
Sale-to-List Price
100.7%
Price per sq ft
$122
$1MoM
Available listings
94
5MoM
Around this home
What Locals Say about Normal
At least 283 Trulia users voted on each feature.
92 % Say it's dog friendly
90 % Say there are sidewalks
89 % Say car is needed
86 % Say parking is easy
77 % Say yards are well-kept
75 % Say there's holiday spirit
75 % Say people would walk alone at night
72 % Say kids play outside
67 % Say streets are well-lit
63 % Say it's quiet
58 % Say neighbors are friendly
57 % Say there's wildlife
45 % Say they plan to stay for at least 5 years
44 % Say it's walkable to grocery stores
39 % Say it's walkable to restaurants
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 723 Balsam Rd
- What is 723 Balsam Rd estimated to be worth?Trulia's estimated value for 723 Balsam Rd in Normal, IL is $405,000.
- What is the price history for 723 Balsam Rd?723 Balsam Rd in Normal, IL last sold for $266,000 in May 2017.
- Is Normal a buyer's or seller's market?Normal is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Normal?The median sale price in Normal is $270K. That is up $7K from the prior month.