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Saturday, September 28, 2024

Lost Nation home prices fall in the first quarter of 2018

Realestate2

The median sale price of a home sold in the first quarter of 2018 in Lost Nation fell by $46,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From January through March of 2018, there were three homes sold, with a median sale price of $109,000 - a 29.7% decrease over the $155,000 median sale price for the same period of the previous year. There were three homes sold in Lost Nation in the first quarter of 2017, as well.

The median sales tax in Lost Nation for the most recent year with available data, 2017, was $3,068.70, approximately 2.8% of the median home sale price for the first quarter of 2018.

The following table compares Lost Nation to other Ogle County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Davis Junction78-12.5%$152,000$156,500-2.9%
Byron131118.2%$148,500$128,00016%
Creston41300%$122,000$112,6008.3%
Hillcrest56-16.7%$113,000$87,50029.1%
Lost Nation330%$109,000$155,000-29.7%
Stillman Valley35-40%$103,000$93,00010.8%
Rochelle26248.3%$100,000$116,500-14.2%
Grand Detour3250%$98,000$114,750-14.6%
Oregon1315-13.3%$97,000$67,00044.8%
Mount Morris111010%$80,500$48,25066.8%
Polo1011-9.1%$69,500$107,500-35.3%

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