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Sunday, November 24, 2024

Hoopeston home prices fall in July 2017

Realestate5

The median sale price of a home sold in July 2017 in Hoopeston fell by $12,000 while total sales decreased by 22.2%, according to BlockShopper.com.

In July 2017, there were seven homes sold, with a median sale price of $35,000 - a 25.5% decrease over the $47,000 median sale price for the same period of the previous year. There were nine homes sold in Hoopeston in July 2016.

The median sales tax in Hoopeston for the most recent year with available data, 2016, was $884, approximately 2.5% of the median home sale price for July 2017.

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

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Oakwood110%$102,500$25,000310%
Fithian10-$67,500$0-
Rossville110%$45,000$25,00080%
Georgetown8714.3%$41,750$35,00019.3%
Danville40400%$40,225$40,0000.6%
Hoopeston79-22.2%$35,000$47,000-25.5%
Westville67-14.3%$28,750$85,000-66.2%
Tilton330%$18,000$35,000-48.6%
Rankin30-$15,000$0-
Sidell10-$7,000$0-
Ridge Farm10-$3,000$0-

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