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Sunday, November 24, 2024

Rock Falls home prices fall in the first quarter of 2018

Realestate5

The median sale price of a home sold in the first quarter of 2018 in Rock Falls fell by $15,406.50 while total sales increased by 15.8%, according to BlockShopper.com.

From January through March of 2018, there were 44 homes sold, with a median sale price of $46,693.50 - a 24.8% decrease over the $62,100 median sale price for the same period of the previous year. There were 38 homes sold in Rock Falls in the first quarter of 2017.

The median sales tax in Rock Falls for the most recent year with available data, 2017, was $1,958.40, approximately 4.2% of the median home sale price for the first quarter of 2018.

The following table compares Rock Falls to other Whiteside County cities 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)
Como21100%$134,750$177,000-23.9%
Fenton10-$122,500$0-
Morrison1623-30.4%$91,225$100,000-8.8%
Fulton1720-15%$90,000$118,500-24.1%
Erie38-62.5%$72,000$59,00022%
Sterling5766-13.6%$72,000$65,9009.3%
Prophetstown770%$64,900$59,00010%
Albany35-40%$55,000$90,000-38.9%
Rock Falls443815.8%$46,693.50$62,100-24.8%
Yeoward Addition10-$42,541.28$0-
Tampico4333.3%$41,500$17,000144.1%
Lyndon00-$0$0-
Little Oklahoma01-100%$0$105,000-100%
Grimes Addition02-100%$0$69,750-100%
Douglas Park00-$0$0-

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