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Saturday, August 2, 2025

Albany home prices fall in the second half of 2018

Realestate1

The median sale price of a home sold in the second half of 2018 in Albany fell by $25,000 while total sales increased by 33.3%, according to BlockShopper.com.

From July through December of 2018, there were 16 homes sold, with a median sale price of $88,750 - a 22% decrease over the $113,750 median sale price for the same period of the previous year. There were 12 homes sold in Albany in the second half of 2017.

The median sales tax in Albany for the most recent year with available data, 2017, was $2,302, approximately 2.6% of the median home sale price for the second half of 2018.

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

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Fenton24-50%$162,250$195,250-16.9%
Fulton624731.9%$130,000$122,0006.6%
Erie351894.4%$128,500$102,50025.4%
Morrison6878-12.8%$90,000$105,000-14.3%
Albany161233.3%$88,750$113,750-22%
Sterling1701690.6%$84,000$85,000-1.2%
Como8633.3%$79,500$76,5003.9%
Prophetstown2125-16%$78,000$50,00056%
Rock Falls12110317.5%$68,400$62,00010.3%
Douglas Park21100%$58,000$49,90016.2%
Tampico11757.1%$49,900$30,00066.3%

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