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Monday, November 25, 2024

Mount Morris home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Mount Morris rose by $15,500 while total sales increased by 200%, according to BlockShopper.com.

In March 2018, there were six homes sold, with a median sale price of $84,750 - a 22.4% increase over the $69,250 median sale price for the same period of the previous year. There were two homes sold in Mount Morris in March 2017.

The median sales tax in Mount Morris for the most recent year with available data, 2017, was $1,723, approximately 2% of the median home sale price for March 2018.

The following table compares Mount Morris to other Ogle County cities in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Davis Junction5366.7%$162,000$155,0004.5%
Byron7540%$148,500$129,90014.3%
Hillcrest34-25%$113,000$126,500-10.7%
Oregon550%$106,000$70,00051.4%
Rochelle712-41.7%$105,000$104,5000.5%
Grand Detour12-50%$98,000$114,750-14.6%
Stillman Valley12-50%$85,500$59,00044.9%
Mount Morris62200%$84,750$69,25022.4%
Polo56-16.7%$70,000$92,700-24.5%
Leaf River110%$11,000$61,000-82%
Forreston02-100%$0$59,000-100%
Creston00-$0$0-
Lost Nation01-100%$0$232,000-100%
Monroe Center00-$0$0-

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