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Peoria Standard

Sunday, September 29, 2024

Hopedale home prices fall in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Hopedale fell by $43,250 while total sales decreased by 83.3%, according to BlockShopper.com.

From July through September of 2018, there were two homes sold, with a median sale price of $113,750 - a 27.5% decrease over the $157,000 median sale price for the same period of the previous year. There were 12 homes sold in Hopedale in the third quarter of 2017.

The median sales tax in Hopedale for the most recent year with available data, 2016, was $2,672.80, approximately 2.3% of the median home sale price for the third quarter of 2018.

The following table compares Hopedale to other Tazewell County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Washington1111028.8%$167,000$201,450-17.1%
Tremont1620-20%$156,500$163,750-4.4%
Heritage Lake710-30%$154,500$168,500-8.3%
Mackinaw17166.3%$142,500$135,0005.6%
East Peoria1281261.6%$126,000$133,250-5.4%
Hopedale212-83.3%$113,750$157,000-27.5%
Armington21100%$113,550$70,00062.2%
Marquette Heights990%$108,000$90,00020%
Delavan1216-25%$104,000$82,50026.1%
Green Valley94125%$100,178$162,550-38.4%
Pekin167169-1.2%$95,000$100,000-5%

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