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McLean County Times

Friday, November 22, 2024

Hudson home prices fall in the second quarter of 2017

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The median sale price of a home sold in the second quarter of 2017 in Hudson fell by $49,000 while total sales decreased by 7.1%, according to BlockShopper.com.

From April through June of 2017, there were 13 homes sold, with a median sale price of $133,000 - a 26.9% decrease over the $182,000 median sale price for the same period of the previous year. There were 14 homes sold in Hudson in the second quarter of 2016.

The median sales tax in Hudson for 2017 was $4,108.06. In 2016, the median sales tax was $4,115.60. This marks an decrease of 0.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares Hudson to other McLean County cities with similar median sales prices in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Heyworth1016-37.5%$155,500$154,5000.6%
Downs68-25%$151,250$167,750-9.8%
Colfax440%$145,450$71,450103.6%
Danvers10100%$135,450$133,4501.5%
Towanda42100%$133,450$266,950-50%
Hudson1314-7.1%$133,000$182,000-26.9%
Carlock110%$129,500$101,00028.2%
Lexington1115-26.7%$125,000$102,00022.5%
McLean13-66.7%$113,000$75,00050.7%
Gridley510-50%$111,000$117,500-5.5%
Bellflower220%$108,500$75,00044.7%

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