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McLean County Times

Monday, November 4, 2024

Hudson home prices fall in October 2017

Realestate3

The median sale price of a home sold in October 2017 in Hudson fell by $21,500 while total sales decreased by 42.9%, according to BlockShopper.com.

In October 2017, there were four homes sold, with a median sale price of $131,000 - a 14.1% decrease over the $152,500 median sale price for the same period of the previous year. There were seven homes sold in Hudson in October 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 3.1%.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Bloomington87826.1%$154,000$148,2503.9%
Normal60575.3%$150,000$160,000-6.3%
Colfax12-50%$141,500$22,500528.9%
McLean42100%$140,500$123,00014.2%
Towanda110%$133,500$237,000-43.7%
Hudson47-42.9%$131,000$152,500-14.1%
Gridley220%$125,750$101,137.5024.3%
Heyworth330%$115,000$170,000-32.4%
Lexington220%$100,000$134,750-25.8%
Downs12-50%$87,000$197,000-55.8%
Le Roy34-25%$84,900$109,950-22.8%

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