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McLean County Times

Friday, November 22, 2024

Hudson home prices rise in September 2017

Realestate4

The median sale price of a home sold in September 2017 in Hudson rose by $21,000 while total sales increased by 150%, according to BlockShopper.com.

In September 2017, there were five homes sold, with a median sale price of $167,500 - a 14.3% increase over the $146,500 median sale price for the same period of the previous year. There were two homes sold in Hudson in September 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 2.5%.

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

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Lexington24-50%$202,000$84,950137.8%
Twin Grove23-33.3%$179,000$127,00040.9%
Bloomington103123-16.3%$176,500$152,00016.1%
Hudson52150%$167,500$146,50014.3%
Danvers13-66.7%$162,500$167,500-3%
Arrowsmith13-66.7%$160,000$119,00034.5%
Normal5569-20.3%$157,000$161,600-2.8%
Colfax110%$128,490$49,900157.5%
Towanda23-33.3%$128,250$210,100-39%
Downs40-$120,000$0-
Heyworth51400%$115,000$116,000-0.9%

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