From January to March, 44 homes sold in Rock Falls for a median price of $46,694. That's 26.3 percent lower than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Rock Falls.
Median property tax for homeowners in Rock Falls was $2,424.03 in 2016 according to tax data from that year. That means homeowners pay 4.4 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Rock Falls real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
39
$77,220
-
2010
24
$105,450
36.6%
2011
41
$53,110
-49.6%
2012
38
$38,695
-27.1%
2013
21
$32,400
-16.3%
2014
27
$50,880
57%
2015
38
$58,565
15.1%
2016
34
$55,650
-5%
2017
38
$63,342
13.8%
2018
44
$46,694
-26.3%
Median property tax
Median sale price
Effective property tax rate
2009
$2,324.15
$77,220
3%
2010
$2,393.08
$105,450
2.3%
2011
$2,198.21
$53,110
4.1%
2012
$2,051.35
$38,695
5.3%
2013
$1,741.13
$32,400
5.4%
2014
$2,343.61
$50,880
4.6%
2015
$2,425.11
$58,565
4.1%
2016
$2,424.03
$55,650
4.4%
Alerts Sign-up