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Sunday, November 24, 2024

Hoopeston home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Hoopeston rose by $31,400 while total sales increased by 20%, according to BlockShopper.com.

In October 2017, there were six homes sold, with a median sale price of $42,000 - a 296.2% increase over the $10,600 median sale price for the same period of the previous year. There were five homes sold in Hoopeston in October 2016.

The median sales tax in Hoopeston for the most recent year with available data, 2016, was $884, approximately 2.1% of the median home sale price for October 2017.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Sidell21100%$84,250$18,000368.1%
Westville41300%$73,250$55,00033.2%
Oakwood41300%$54,000$27,000100%
Belgium21100%$47,000$25,00088%
Danville3536-2.8%$46,000$34,50033.3%
Hoopeston6520%$42,000$10,600296.2%
Fairmount10-$42,000$0-
Georgetown113266.7%$38,500$8,000381.3%
Tilton4333.3%$30,250$31,000-2.4%
Potomac20-$18,500$0-
Ridge Farm10-$15,000$0-

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