From July to September, 74 homes sold in Rock Falls for a median price of $72,500. That's 4.5 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Rock Falls.
Median property tax for homeowners in Rock Falls was $2,238.27 in 2017 according to tax data from that year. That means homeowners pay 3.2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Rock Falls real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
42
$69,615
-
2010
40
$73,288
5.3%
2011
36
$59,325
-19.1%
2012
49
$74,120
24.9%
2013
70
$70,470
-4.9%
2014
53
$79,500
12.8%
2015
42
$62,010
-22%
2016
46
$75,600
21.9%
2017
51
$69,360
-8.3%
2018
74
$72,500
4.5%
Median property tax
Median sale price
Effective property tax rate
2009
$1,658.10
$69,615
2.4%
2010
$1,733.86
$73,288
2.4%
2011
$1,977.14
$59,325
3.3%
2012
$2,268.98
$74,120
3.1%
2013
$2,296.72
$70,470
3.3%
2014
$2,320.17
$79,500
2.9%
2015
$2,333.36
$62,010
3.8%
2016
$2,603.42
$75,600
3.4%
2017
$2,238.26
$69,360
3.2%
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