From January through December of 2017, there were 31 homes sold, with a median sale price of $100,000 - a 25.8% increase over the $79,500 median sale price for the previous year. There were 26 homes sold in Erie in 2016.
The median sales tax in Erie for 2017 was $2,050. In 2016, the median sales tax was $1,941. This marks an increase of 5.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.
The following table compares Erie to other Whiteside County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Fenton | 7 | 5 | 40% | $145,500 | $132,000 | 10.2% |
| Fulton | 101 | 91 | 11% | $120,000 | $94,000 | 27.7% |
| Morrison | 136 | 98 | 38.8% | $105,000 | $97,000 | 8.2% |
| Albany | 28 | 18 | 55.6% | $103,250 | $115,000 | -10.2% |
| Erie | 31 | 26 | 19.2% | $100,000 | $79,500 | 25.8% |
| Sterling | 316 | 274 | 15.3% | $81,750 | $73,750 | 10.8% |
| Lyndon | 12 | 8 | 50% | $74,303.65 | $86,250 | -13.9% |
| Como | 9 | 8 | 12.5% | $65,000 | $76,000 | -14.5% |
| Rock Falls | 189 | 185 | 2.2% | $63,000 | $61,900 | 1.8% |
| Prophetstown | 42 | 32 | 31.3% | $57,825 | $65,500 | -11.7% |
| Little Oklahoma | 5 | 4 | 25% | $54,000 | $56,500 | -4.4% |
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