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Saturday, June 21, 2025

Mount Morris home prices rise in May 2018

Realestate3

The median sale price of a home sold in May 2018 in Mount Morris rose by $43,000 while total sales decreased by 60%, according to BlockShopper.com.

In May 2018, there were two homes sold, with a median sale price of $118,000 - a 57.3% increase over the $75,000 median sale price for the same period of the previous year. There were five homes sold in Mount Morris in May 2017.

The median sales tax in Mount Morris for the most recent year with available data, 2017, was $1,723, approximately 1.5% of the median home sale price for May 2018.

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

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Lost Nation23-33.3%$174,950$160,0009.3%
Davis Junction24-50%$168,950$134,75025.4%
Byron18-87.5%$147,000$106,45038.1%
Stillman Valley30-$146,000$0-
Grand Detour10-$145,000$0-
Polo14-75%$139,000$60,500129.8%
Mount Morris25-60%$118,000$75,00057.3%
Rochelle191526.7%$98,000$120,000-18.3%
Oregon47-42.9%$83,000$38,044118.2%
Hillcrest12-50%$79,000$120,500-34.4%
Monroe Center03-100%$0$122,000-100%
Leaf River02-100%$0$38,750-100%
Forreston02-100%$0$81,750-100%
Creston01-100%$0$127,000-100%

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