Hopedale home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Hopedale rose by $163,000 while total sales decreased by 20%, according to BlockShopper.com.

In October 2020, there were four homes sold, with a median sale price of $250,000 - a 187.4% increase over the $87,000 median sale price for the same period of the previous year. There were five homes sold in Hopedale in October 2019.

The median sales tax in Hopedale for the most recent year with available data, 2019, was $2,673, approximately 1.1% of the median home sale price for October 2020.

The following table compares Hopedale to other Tazewell County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Hopedale45-20%$250,000$87,000187.4%
Morton312055%$189,500$142,25033.2%
Heritage Lake13-66.7%$185,000$147,59025.3%
Mackinaw59-44.4%$160,000$153,0004.6%
Armington10-$160,000$0-
Washington40378.1%$155,250$170,000-8.7%
Delavan37-57.1%$153,000$90,00070%
East Peoria3746-19.6%$139,900$131,0006.8%
Green Valley21100%$139,000$153,900-9.7%
Tremont46-33.3%$135,000$164,950-18.2%
Minier4333.3%$126,000$156,250-19.4%

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