From January through December of 2017, there were 189 homes sold, with a median sale price of $63,000 - a 1.8% increase over the $61,900 median sale price for the previous year. There were 185 homes sold in Rock Falls in 2016.
The median sales tax in Rock Falls for 2017 was $1,958. In 2016, the median sales tax was $1,913. This marks an increase of 2.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.
The following table compares Rock Falls 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) |
---|---|---|---|---|---|---|
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% |
Grimes Addition | 8 | 7 | 14.3% | $39,750 | $34,000 | 16.9% |
Tampico | 16 | 14 | 14.3% | $37,912 | $60,900 | -37.7% |
Douglas Park | 2 | 2 | 0% | $36,700 | $45,500 | -19.3% |