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Saturday, November 23, 2024

Hoopeston home prices fall in November 2017

Realestate3

The median sale price of a home sold in November 2017 in Hoopeston fell by $19,000 while total sales increased by 80%, according to BlockShopper.com.

In November 2017, there were nine homes sold, with a median sale price of $49,500 - a 27.7% decrease over the $68,500 median sale price for the same period of the previous year. There were five homes sold in Hoopeston in November 2016.

The median sales tax in Hoopeston for the most recent year with available data, 2016, was $884, approximately 1.8% of the median home sale price for November 2017.

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

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Potomac110%$95,000$115,000-17.4%
Rossville30-$90,000$0-
Catlin220%$82,000$82,0000%
Tilton37-57.1%$75,000$35,000114.3%
Georgetown13-66.7%$63,000$53,00018.9%
Hoopeston9580%$49,500$68,500-27.7%
Westville660%$43,000$38,00013.2%
Danville302711.1%$39,000$49,000-20.4%
Belgium10-$37,000$0-
Fairmount20-$17,500$0-
Oakwood110%$13,500$12,00012.5%

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