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Saturday, August 2, 2025

Albany home prices fall in the fourth quarter of 2018

Realestate1

The median sale price of a home sold in the fourth quarter of 2018 in Albany fell by $12,750 while total sales increased by 12.5%, according to BlockShopper.com.

From October through December of 2018, there were nine homes sold, with a median sale price of $87,500 - a 12.7% decrease over the $100,250 median sale price for the same period of the previous year. There were eight homes sold in Albany in the fourth quarter of 2017.

The median sales tax in Albany for the most recent year with available data, 2017, was $2,302.50, approximately 2.6% of the median home sale price for the fourth quarter of 2018.

The following table compares Albany to other Whiteside County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Erie161060%$135,000$121,25011.3%
Como24-50%$133,500$75,25077.4%
Prophetstown1114-21.4%$130,000$43,471.50199%
Fulton292231.8%$128,000$118,0008.5%
Morrison2930-3.3%$90,000$110,000-18.2%
Albany9812.5%$87,500$100,250-12.7%
Tampico82300%$85,500$62,00037.9%
Sterling867416.2%$75,500$78,500-3.8%
Yeoward Addition10-$63,000$0-
Rock Falls4752-9.6%$62,000$57,5007.8%
Lyndon17-85.7%$10,000$75,607.29-86.8%

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