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Friday, November 22, 2024

Fulton home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Fulton rose by $32,501 while total sales decreased by 7.4%, according to BlockShopper.com.

From July through September of 2017, there were 25 homes sold, with a median sale price of $122,001 - a 36.3% increase over the $89,500 median sale price for the same period of the previous year. There were 27 homes sold in Fulton in the third quarter of 2016.

The median sales tax in Fulton for 2017 was $2,336.72. In 2016, the median sales tax was $2,286.10. This marks an increase of 2.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Fulton to other Whiteside County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Fenton12-50%$245,000$141,00073.8%
Albany440%$147,000$137,5006.9%
Fulton2527-7.4%$122,001$89,50036.3%
Morrison4821128.6%$102,500$117,000-12.4%
Erie8560%$89,000$139,000-36%
Sterling957821.8%$87,000$77,00013%
Como21100%$76,500$6,0001175%
Rock Falls514610.9%$68,000$72,000-5.6%
Lyndon220%$56,500$106,500-46.9%
Prophetstown111010%$56,000$63,250-11.5%
Tampico5425%$26,725.15$58,950-54.7%

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