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Monday, November 25, 2024

Q2 real estate sales report: Hoopeston

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Median prices rose in Hoopeston over last year, and are down 34.3 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 28 homes sold in Hoopeston for a median price of $42,250. That's 3.6 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Hoopeston.

Median property tax for homeowners in Hoopeston was $1,373.51 in 2016 according to tax data from that year. That means homeowners pay 2.9 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Hoopeston real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
10
$64,350
-
2010
8
$64,410
0.1%
2011
7
$62,150
-3.5%
2012
7
$35,425
-43%
2013
12
$46,980
32.6%
2014
8
$40,280
-14.3%
2015
7
$62,275
54.6%
2016
21
$46,725
-25%
2017
21
$40,800
-12.7%
2018
28
$42,250
3.6%

Median property tax
Median sale price
Effective property tax rate
2014
$609.28
$40,280
1.5%
2015
$913.59
$62,275
1.5%
2016
$1,373.50
$46,725
2.9%

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