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Sunday, May 11, 2025

Hoopeston home prices rise in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Hoopeston rose by $2,250 while total sales increased by 33.3%, according to BlockShopper.com.

From April through June of 2018, there were 28 homes sold, with a median sale price of $42,250 - a 5.6% increase over the $40,000 median sale price for the same period of the previous year. There were 21 homes sold in Hoopeston in the second quarter of 2017.

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 the second quarter of 2018.

The following table compares Hoopeston to other Vermilion County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Westville13862.5%$67,000$76,000-11.8%
Georgetown1116-31.3%$60,000$22,000.50172.7%
Bismarck52150%$57,000$83,500-31.7%
Henning12-50%$50,000$51,500-2.9%
Belgium30-$45,500$0-
Hoopeston282133.3%$42,250$40,0005.6%
Tilton181250%$42,000$28,75046.1%
Ridge Farm12-50%$39,000$27,50041.8%
Potomac13-66.7%$32,000$57,000-43.9%
Sidell220%$27,500$49,250-44.2%
Danville13311812.7%$27,333$42,000-34.9%

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