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Friday, November 22, 2024

Dakota 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 Dakota rose by $16,000 while total sales increased by 100%, according to BlockShopper.com.

From July through September of 2017, there were four homes sold, with a median sale price of $87,000 - a 22.5% increase over the $71,000 median sale price for the same period of the previous year. There were two homes sold in Dakota in the third quarter of 2016.

The median sales tax in Dakota for the most recent year with available data, 2016, was $1,947.20, approximately 2.2% of the median home sale price for the third quarter of 2017.

The following table compares Dakota to other Stephenson County cities 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)
Winslow110%$225,000$101,500121.7%
Lake Summerset13128.3%$136,000$176,750-23.1%
Lena188125%$93,500$97,000-3.6%
Cedarville25-60%$87,500$77,50012.9%
Dakota42100%$87,000$71,00022.5%
Pearl City103233.3%$67,500$59,50013.4%
Freeport1109417%$66,875$55,45020.6%
Davis23-33.3%$63,500$68,500-7.3%
Rock City21100%$58,000$137,500-57.8%
Orangeville110%$55,000$92,150-40.3%
German Valley12-50%$39,900$63,572-37.2%

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