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Peoria Standard

Sunday, November 24, 2024

Hopedale home prices fall in December 2017

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The median sale price of a home sold in December 2017 in Hopedale fell by $88,450 while total sales increased by 50%, according to BlockShopper.com.

In December 2017, there were three homes sold, with a median sale price of $92,500 - a 48.9% decrease over the $180,950 median sale price for the same period of the previous year. There were two homes sold in Hopedale in December 2016.

The median sales tax in Hopedale for the most recent year with available data, 2016, was $2,673, approximately 2.9% of the median home sale price for December 2017.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Morton181612.5%$143,250$146,000-1.9%
Heritage Lake31200%$134,500$185,000-27.3%
Minier12-50%$131,000$113,50015.4%
East Peoria27263.8%$108,000$115,000-6.1%
Creve Coeur27-71.4%$107,500$36,900191.3%
Hopedale3250%$92,500$180,950-48.9%
Mackinaw41300%$87,500$80,0009.4%
Pekin4041-2.4%$73,750$90,500-18.5%
Delavan5366.7%$70,000$104,000-32.7%
Marquette Heights40-$67,250$0-
North Pekin110%$61,000$165,000-63%

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