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Friday, April 26, 2024

Oregon home prices fall in January 2018

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The median sale price of a home sold in January 2018 in Oregon fell by $12,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In January 2018, there were four homes sold, with a median sale price of $87,500 - a 12.1% decrease over the $99,500 median sale price for the same period of the previous year. There were six homes sold in Oregon in January 2017.

The median sales tax in Oregon for the most recent year with available data, 2017, was $2,214, approximately 2.5% of the median home sale price for January 2018.

The following table compares Oregon to other Ogle County cities in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Davis Junction21100%$147,000$175,000-16%
Rochelle9728.6%$130,000$112,00016.1%
Byron20-$122,950$0-
Stillman Valley12-50%$103,000$101,7501.2%
Oregon46-33.3%$87,500$99,500-12.1%
Polo3250%$77,000$191,250-59.7%
Forreston330%$70,000$73,500-4.8%
Mount Morris23-33.3%$52,500$42,00025%
Grand Detour10-$28,000$0-
Hillcrest110%$20,000$41,000-51.2%
Creston01-100%$0$112,600-100%
Lost Nation01-100%$0$134,000-100%
Monroe Center01-100%$0$109,000-100%
Leaf River00-$0$0-

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