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Saturday, April 19, 2025

Hoopeston home prices fall in January 2017

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The median sale price of a home sold in January 2017 in Hoopeston fell by $2,050 while total sales decreased by 42.9%, according to BlockShopper.com.

In January 2017, there were four homes sold, with a median sale price of $65,950 - a 3% decrease over the $68,000 median sale price for the same period of the previous year. There were seven homes sold in Hoopeston in January 2016.

The median sales tax in Hoopeston for the most recent year with available data, 2016, was $884, approximately 1.3% of the median home sale price for January 2017.

The following table compares Hoopeston to other Vermilion County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Olivet110%$80,000$91,500-12.6%
Oakwood110%$79,000$42,50085.9%
Westville6450%$75,000$37,000102.7%
Potomac12-50%$73,000$63,00015.9%
Fithian110%$67,000$23,000191.3%
Hoopeston47-42.9%$65,950$68,000-3%
Danville1830-40%$60,950$34,25078%
Catlin13-66.7%$59,900$85,000-29.5%
Tilton14-75%$50,000$63,750-21.6%
Rossville12-50%$36,000$19,90080.9%
Ridge Farm12-50%$30,000$21,00042.9%

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