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McLean County Times

Monday, May 13, 2024

Hudson home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Hudson fell by $96,250 while total sales decreased by 20%, according to BlockShopper.com.

In May 2017, there were four homes sold, with a median sale price of $95,750 - a 50.1% decrease over the $192,000 median sale price for the same period of the previous year. There were five homes sold in Hudson in May 2016.

The median sales tax in Hudson for 2017 was $4,108. In 2016, the median sales tax was $4,116. 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 4.3%.

The following table compares Hudson to other McLean County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Towanda20-$128,150$0-
Danvers5366.7%$124,000$110,00012.7%
McLean110%$113,000$28,000303.6%
Lexington36-50%$110,000$119,200-7.7%
Bellflower10-$107,000$0-
Hudson45-20%$95,750$192,000-50.1%
Chenoa7475%$88,000$105,225-16.4%
Stanford220%$73,750$89,250-17.4%
Arrowsmith31200%$58,000$115,000-49.6%
Le Roy15-80%$26,500$96,000-72.4%
Saybrook20-$26,497$0-

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