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Peoria Standard

Sunday, November 24, 2024

Hopedale home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Hopedale rose by $228,763 while total sales decreased by 50%, according to BlockShopper.com.

In July 2017, there were two homes sold, with a median sale price of $313,263 - a 270.7% increase over the $84,500 median sale price for the same period of the previous year. There were four homes sold in Hopedale in July 2016.

The median sales tax in Hopedale for the most recent year with available data, 2016, was $2,673, approximately 0.9% of the median home sale price for July 2017.

The following table compares Hopedale to other Tazewell County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Hopedale24-50%$313,262.50$84,500270.7%
Washington3943-9.3%$200,000$181,87510%
Deer Creek13-66.7%$190,000$50,000280%
Heritage Lake35-40%$170,000$185,000-8.1%
Tremont1112-8.3%$170,000$165,0003%
Morton312524%$169,500$159,5006.3%
Green Valley23-33.3%$162,550$70,000132.2%
Mackinaw34-25%$122,500$165,500-26%
East Peoria47446.8%$121,500$130,750-7.1%
Minier660%$116,000$129,950-10.7%
Pekin664643.5%$100,000$81,95022%

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