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McLean County Times

Wednesday, November 27, 2024

Hudson home prices fell in the first quarter of 2021

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The median sale price of a home sold in the first quarter of 2021 in Hudson fell by $77,500 while total sales increased by 66.7%, according to BlockShopper.com.

From January through March of 2021, there were five homes sold, with a median sale price of $123,500 - a 38.6% decrease over the $201,000 median sale price for the same period of the previous year. There were three homes sold in Hudson in the first quarter of 2020.

The median sales tax in Hudson for the most recent year with available data, 2017, was $4,108, approximately 3.3% of the median home sale price for the first quarter of 2021.

The following table compares Hudson to other McLean County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
McLean34-25%$143,590$36,250296.1%
Carlock10-$137,000$0-
Heyworth1018-44.4%$134,000$136,250-1.7%
Le Roy12119.1%$132,250$78,00069.6%
Danvers10742.9%$128,000$84,00052.4%
Hudson5366.7%$123,500$201,000-38.6%
Chenoa57-28.6%$111,000$125,000-11.2%
Colfax42100%$106,500$49,250116.2%
Stanford72250%$103,000$10,250904.9%
Arrowsmith220%$99,700$33,000202.1%
Saybrook440%$53,200$68,250-22.1%

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