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McLean County Times

Monday, November 25, 2024

Hudson home prices fall in the first quarter of 2019

Realestate3

The median sale price of a home sold in the first quarter of 2019 in Hudson fell by $55,000 while total sales decreased by 33.3%, according to BlockShopper.com.

From January through March of 2019, there were six homes sold, with a median sale price of $163,500 - a 25.2% decrease over the $218,500 median sale price for the same period of the previous year. There were nine homes sold in Hudson in the first quarter of 2018.

The median sales tax in Hudson for the most recent year with available data, 2017, was $4,108, approximately 2.5% of the median home sale price for the first quarter of 2019.

The following table compares Hudson to other McLean County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Towanda23-33.3%$316,000$115,000174.8%
Twin Grove46-33.3%$232,500$209,25011.1%
Downs52150%$185,000$156,75018%
Heyworth126100%$177,500$113,00057.1%
Hudson69-33.3%$163,500$218,500-25.2%
Normal97110-11.8%$153,000$145,0005.5%
Bloomington2272165.1%$150,000$147,7501.5%
Danvers6520%$129,000$130,000-0.8%
Lexington9812.5%$128,500$82,50055.8%
Le Roy68-25%$115,000$158,750-27.6%
Bellflower220%$99,305$59,80866%

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