Hudson home prices rise in September 2020

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The median sale price of a home sold in September 2020 in Hudson rose by $45,500 while total sales increased by 40%, according to BlockShopper.com.

In September 2020, there were seven homes sold, with a median sale price of $210,000 - a 27.7% increase over the $164,500 median sale price for the same period of the previous year. There were five homes sold in Hudson in September 2019.

The median sales tax in Hudson for the most recent year with available data, 2017, was $4,108, approximately 2% of the median home sale price for September 2020.

The following table compares Hudson to other McLean County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Twin Grove7540%$272,500$180,00051.4%
Hudson7540%$210,000$164,50027.7%
Danvers23-33.3%$190,000$71,000167.6%
Towanda110%$184,500$1,720,000-89.3%
Bloomington16510261.8%$172,000$157,5009.2%
Normal1065786%$171,500$162,0005.9%
Lexington71600%$168,000$50,000236%
Chenoa23-33.3%$132,500.50$79,00067.7%
Heyworth24-50%$132,000$177,450-25.6%
Colfax220%$123,750$91,95034.6%
Gridley220%$115,500$217,500-46.9%

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