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Wednesday, May 7, 2025

Hoopeston home prices fall in 2017

Realestate3

The median sale price of a home sold in 2017 in Hoopeston fell by $750 while total sales increased by 4.1%, according to BlockShopper.com.

From January through December of 2017, there were 77 homes sold, with a median sale price of $42,000 - a 1.8% decrease over the $42,750 median sale price for the previous year. There were 74 homes sold in Hoopeston in 2016.

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 2017.

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

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Westville564427.3%$56,850$59,000-3.6%
Rossville211910.5%$54,000$38,00042.1%
Henning45-20%$51,500$25,000106%
Olivet10825%$50,500$32,00057.8%
Georgetown614438.6%$44,000$41,5505.9%
Hoopeston77744.1%$42,000$42,750-1.8%
Tilton3944-11.4%$40,000$50,000-20%
Danville4324183.3%$40,000$43,950-9%
Potomac11922.2%$35,000$47,000-25.5%
Belgium41300%$31,000$25,00024%
Ridge Farm1013-23.1%$22,500$28,000-19.6%

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