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McLean County Times

Sunday, November 24, 2024

Hudson home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Hudson rose by $59,700 while total sales increased by 33.3%, according to BlockShopper.com.

In August 2017, there were four homes sold, with a median sale price of $188,700 - a 46.3% increase over the $129,000 median sale price for the same period of the previous year. There were three homes sold in Hudson in August 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 2.2%.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Towanda10-$329,000$0-
Lexington440%$257,500$161,45059.5%
Twin Grove25-60%$256,250$285,500-10.2%
Danvers7475%$234,000$122,00091.8%
Downs52150%$195,500$139,65040%
Hudson4333.3%$188,700$129,00046.3%
Gridley41300%$162,500$135,00020.4%
Normal7080-12.5%$160,750$158,6841.3%
Bloomington1341266.3%$154,500$155,000-0.3%
Heyworth69-33.3%$152,200$128,00018.9%
Colfax31200%$150,000$15,000900%

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