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Sunday, September 29, 2024

Hoopeston home prices fall in November 2018

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The median sale price of a home sold in November 2018 in Hoopeston fell by $11,000 while total sales decreased by 11.1%, according to BlockShopper.com.

In November 2018, there were eight homes sold, with a median sale price of $38,500 - a 22.2% decrease over the $49,500 median sale price for the same period of the previous year. There were nine homes sold in Hoopeston in November 2017.

The median sales tax in Hoopeston for the most recent year with available data, 2016, was $884, approximately 2.3% of the median home sale price for November 2018.

The following table compares Hoopeston to other Vermilion County cities in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Ridge Farm110%$61,000$6,001916.5%
Westville26-66.7%$52,500$43,00022.1%
Tilton23-33.3%$49,500$75,000-34%
Georgetown21100%$48,500$63,000-23%
Hoopeston89-11.1%$38,500$49,500-22.2%
Danville413036.7%$36,000$39,000-7.7%
Rankin10-$31,500$0-
Catlin02-100%$0$82,000-100%
Belgium01-100%$0$37,000-100%
Rossville03-100%$0$90,000-100%
Sidell00-$0$0-
Fithian01-100%$0$110,000-100%
Bismarck01-100%$0$95,000-100%
Potomac01-100%$0$95,000-100%
Fairmount02-100%$0$17,500-100%
Allerton01-100%$0$8,500-100%
Oakwood01-100%$0$13,500-100%
Olivet00-$0$0-
Henning00-$0$0-

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