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Peoria Standard

Monday, November 25, 2024

Hopedale home prices rise in May 2018

Re 5

The median sale price of a home sold in May 2018 in Hopedale rose by $8,290 while total sales increased by 150%, according to BlockShopper.com.

In May 2018, there were five homes sold, with a median sale price of $118,560 - a 7.5% increase over the $110,270 median sale price for the same period of the previous year. There were two homes sold in Hopedale in May 2017.

The median sales tax in Hopedale for the most recent year with available data, 2016, was $2,673, approximately 2.3% of the median home sale price for May 2018.

The following table compares Hopedale to other Tazewell County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Heritage Lake21100%$213,000$99,000115.2%
Morton2843-34.9%$186,250$192,000-3%
Green Valley10-$179,000$0-
Tremont45-20%$165,000$270,000-38.9%
Washington3637-2.7%$136,750$169,900-19.5%
Hopedale52150%$118,560$110,2707.5%
East Peoria5051-2%$114,350$125,000-8.5%
North Pekin20-$97,500$0-
Marquette Heights57-28.6%$87,900$81,0008.5%
Creve Coeur6520%$85,350$64,50032.3%
Pekin6273-15.1%$83,950$81,5003%

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