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Peoria Standard

Monday, April 15, 2024

Hopedale home prices fall in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Hopedale fell by $17,500 while total sales increased by 157.1%, according to BlockShopper.com.

From July through December of 2019, there were 18 homes sold, with a median sale price of $107,500 - a 14% decrease over the $125,000 median sale price for the same period of the previous year. There were seven homes sold in Hopedale in the second half of 2018.

The median sales tax in Hopedale for the most recent year with available data, 2018, was $2,708, approximately 2.5% of the median home sale price for the second half of 2019.

The following table compares Hopedale to other Tazewell County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Mackinaw312524%$137,000$153,000-10.5%
Deer Creek7475%$130,000$80,50061.5%
East Peoria27122222.1%$126,000$119,4505.5%
Green Valley15147.1%$120,900$101,08919.6%
Minier211631.3%$120,000$89,50034.1%
Hopedale187157.1%$107,500$125,000-14%
Pekin3233104.2%$97,900$89,9508.8%
North Pekin11757.1%$87,000$75,00016%
Marquette Heights3515133.3%$80,000$84,000-4.8%
Creve Coeur2949-40.8%$77,500$68,00014%
Delavan271942.1%$75,000$106,500-29.6%

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