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Sunday, May 11, 2025

Hoopeston home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Hoopeston rose by $7,500 while total sales increased by 48.7%, according to BlockShopper.com.

From January through June of 2018, there were 58 homes sold, with a median sale price of $47,500 - a 18.8% increase over the $40,000 median sale price for the same period of the previous year. There were 39 homes sold in Hoopeston in the first half of 2017.

The median sales tax in Hoopeston for the most recent year with available data, 2016, was $884, approximately 1.9% of the median home sale price for the first half of 2018.

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

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Georgetown1724-29.2%$58,000$26,500118.9%
Bismarck52150%$57,000$83,500-31.7%
Fithian6520%$56,775$67,000-15.3%
Potomac25-60%$54,250$57,000-4.8%
Henning12-50%$50,000$51,500-2.9%
Hoopeston583948.7%$47,500$40,00018.8%
Belgium41300%$44,250$3,0001375%
Tilton251747.1%$40,000$29,50035.6%
Ridge Farm34-25%$39,000$39,0000%
Sidell23-33.3%$27,500$53,500-48.6%
Danville2152017%$27,000$39,900-32.3%

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