Hoopeston home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Hoopeston rose by $32,750 while total sales decreased by 42.9%, according to BlockShopper.com.

In October 2020, there were four homes sold, with a median sale price of $65,750 - a 99.2% increase over the $33,000 median sale price for the same period of the previous year. There were seven homes sold in Hoopeston in October 2019.

The median sales tax in Hoopeston for the most recent year with available data, 2018, was $896, approximately 1.4% of the median home sale price for October 2020.

The following table compares Hoopeston to other Vermilion County cities 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)
Catlin52150%$88,000$86,0002.3%
Hoopeston47-42.9%$65,750$33,00099.2%
Rossville12-50%$60,000$52,00015.4%
Danville2547-46.8%$40,000$36,5009.6%
Georgetown440%$35,997.81$60,000-40%
Tilton220%$34,250$50,000-31.5%
Henning10-$25,000$0-
Westville12-50%$18,000$26,800-32.8%
Fairmount01-100%$0$85,000-100%
Ridge Farm04-100%$0$29,000-100%
Allerton00-$0$0-
Oakwood01-100%$0$155,000-100%
Olivet00-$0$0-
Rankin00-$0$0-
Belgium00-$0$0-
Sidell00-$0$0-
Fithian01-100%$0$85,000-100%
Bismarck01-100%$0$20,000-100%
Potomac00-$0$0-

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