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Monday, May 12, 2025

Hoopeston home prices fall in August 2018

Realestate3

The median sale price of a home sold in August 2018 in Hoopeston fell by $37,500 while total sales increased by 116.7%, according to BlockShopper.com.

In August 2018, there were 13 homes sold, with a median sale price of $20,000 - a 65.2% decrease over the $57,500 median sale price for the same period of the previous year. There were six homes sold in Hoopeston in August 2017.

The median sales tax in Hoopeston for the most recent year with available data, 2016, was $884, approximately 4.4% of the median home sale price for August 2018.

The following table compares Hoopeston to other Vermilion County cities with similar median sales prices in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Potomac31200%$61,000$35,00074.3%
Tilton38-62.5%$57,400$42,50035.1%
Bismarck110%$53,000$89,100-40.5%
Westville171070%$50,000$70,500-29.1%
Danville55517.8%$50,000$49,5001%
Rossville30-$36,000$0-
Rankin10-$34,000$0-
Georgetown59-44.4%$26,500$54,000-50.9%
Hoopeston136116.7%$20,000$57,500-65.2%
Sidell12-50%$19,000$67,500-71.9%
Allerton10-$15,000$0-

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