From October to December, 47 homes sold in Rock Falls for a median price of $62,000. That's 5.7 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Rock Falls.
Median property tax for homeowners in Rock Falls was $2,142.66 in 2017 according to tax data from that year. That means homeowners pay 3.7 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
59
$83,070
-
2010
49
$78,575
-5.4%
2011
35
$70,037
-10.9%
2012
45
$65,400
-6.6%
2013
40
$56,160
-14.1%
2014
60
$63,600
13.2%
2015
48
$72,080
13.3%
2016
50
$49,875
-30.8%
2017
52
$58,650
17.6%
2018
47
$62,000
5.7%
Median property tax
Median sale price
Effective property tax rate
2009
$2,386.56
$83,070
2.9%
2010
$2,096.81
$78,575
2.7%
2011
$2,585.16
$70,037
3.7%
2012
$2,355.01
$65,400
3.6%
2013
$2,195.34
$56,160
3.9%
2014
$1,920.88
$63,600
3%
2015
$2,326.22
$72,080
3.2%
2016
$2,080.82
$49,875
4.2%
2017
$2,142.66
$58,650
3.7%
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