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Hoopeston Illinois farmer tributePhoto: Omnedon · Public domain
Housing in Hoopeston

49 homes sold in Hoopeston in the last year, at a typical $86K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Hoopeston homes are listed.

Homes sold
49
June 2025 to May 2026
Typical sale price
$86K
median, weighted by sales
Price per square foot
$71
Illinois $193
Paid vs. asking
94.2%
20% sold over asking
For sale now
18
May 2026 · 8 sold that month
What sold · last 12 months

Houses are 96% of Hoopeston’s sales, at a typical $88K

49 homes sold in the year to May 2026.

Houses$88K

typical sale · 47 sold in 12 months

Per square foot
$70IL $180
Days to sell
38
Sold over asking
21%
Listings with a price cut
15%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $107K

Too few sales in 12 months for reliable figures.

12 years of sales

About as many homes sell as usual, at 1.5 times the 2016 price

49 sales in the last year, against 73 in 2018 and a low of 44 in 2017. The typical sale went from $55K in 2016 to $86K.

Homes soldTypical sale price
0255075100$25K$50K$75K$100K2014: 56 sold, typical $43K’142015: 60 sold, typical $46K2016: 51 sold, typical $55K’162017: 44 sold, typical $47K2018: 73 sold, typical $56K’182019: 55 sold, typical $57K2020: 61 sold, typical $65K’202021: 50 sold, typical $77K2022: 49 sold, typical $66K’222023: 63 sold, typical $79K2024: 59 sold, typical $85K’242025: 58 sold, typical $87KLast 12 months: 49 sold, typical $86KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Hoopeston

Houseat $70 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Hoopeston homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Hoopeston are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Hoopeston’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 49 sales.

If you’re buying in Hoopeston

  • Shop in May. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (4% over asking).
  • You can negotiate. 15% of listings have cut their price, against 12% before the pandemic.
  • Offer under asking. Buyers paid 94.2% of the list price on average; 20% paid over.
  • Move fast on good ones. 46% of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 7 a month), and the most competition: 22% close over asking. May offers nearly as much choice with fewer homes bid up (4%). May has the least competition (4%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 4 new listings a month, 8% sold over asking, 108 days to sellJFeb: 4 new listings a month, 15% sold over asking, 70 days to sellFMar: 5 new listings a month, 10% sold over asking, 76 days to sellMApr: 6 new listings a month, 10% sold over asking, 113 days to sellAMay: 7 new listings a month, 4% sold over asking, 63 days to sellMJun: 7 new listings a month, 22% sold over asking, 89 days to sellJJul: 7 new listings a month, 7% sold over asking, 71 days to sellJAug: 5 new listings a month, 14% sold over asking, 82 days to sellASep: 6 new listings a month, 10% sold over asking, 75 days to sellSOct: 5 new listings a month, 15% sold over asking, 85 days to sellONov: 4 new listings a month, 10% sold over asking, 90 days to sellNDec: 3 new listings a month, 14% sold over asking, 92 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and calmer than Illinois

Hoopeston now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price20%10%6%37%
Gone within two weeksShare of homes under contract within 14 days46%4%6%46%
Listings with a price cutShare of homes for sale that cut their price15%12%—19%
Price paid vs. askingAverage sale price ÷ list price94.2%92.2%94.3%99.2%
Days to sellMedian days from listing to contract379610249
Supply

15 homes for sale on a typical day

That’s 1.4 times the 2021 low (11), 36% fewer than in 2017–19 and well under 2015’s 28.

2014: 23 for sale’142015: 28 for sale2016: 20 for sale2017: 21 for sale’172018: 21 for sale2019: 26 for sale2020: 21 for sale’202021: 11 for sale2022: 13 for sale2023: 14 for sale’232024: 15 for sale2025: 11 for saleLast 12 months: 15 for saleNow
Room to negotiate

1 in 7 listings has cut its price

15% in the last year, against 12% in 2017–19 and 19% across Illinois.

2015: 3%’152016: 6%2017: 12%2022: 17%’222023: 26%2024: 31%2025: 24%’25Last 12 months: 15%Now

Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Hoopeston home costs about $582 a month

Mortgage
Property tax
Insurance
Rent

Price: Hoopeston’s typical sale, last 12 months. Property tax at Hoopeston’s 1.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Hoopeston is affordable on local pay is on Cost of living.

Before you buy in Hoopeston

Six things worth knowing

7

New listings in June

The month with the most choice. December has the fewest, about 3.

Best time to buy
1.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $86K home, about $1,590 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Hoopeston, from test results, graduation and how much students grow.

Schools in Hoopeston
19 min

Typical commute

The average one-way trip to work for people who live in Hoopeston.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Fowler, Oxford and Kentland for far more

The busier markets within 25 miles of Hoopeston, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Danville269$114K$7329%29
Hoopeston49$86K$7120%37
Fowler45$199K$12522%57
Kentland27$158K$9411%70
Oxford24$189K$14017%46

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Hoopeston, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Hoopeston. People who follow the town see it, and so do people comparing Hoopeston with their own town. No commission, no listing fee.

Questions about buying a home in Hoopeston

What do homes sell for in Hoopeston, IL?

49 homes sold in the year to May 2026 at a typical $86K, $71 a square foot.

Is Hoopeston a buyer’s or seller’s market?

A seller’s market: 18 homes were for sale in May 2026 and 8 sold, about 2.3 months of supply. Buyers paid 94.2% of asking on average, and 15% of listings cut their price.

When is the best time to buy in Hoopeston?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Hoopeston?

About 1.9% of a home’s value a year. On a $86K home that’s near $1,590.

Where can I see homes for sale in Hoopeston?

Zillow, Redfin, Realtor.com and Homes.com all carry Hoopeston’s MLS listings; the search links above open each one filtered to Hoopeston.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).