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Saturday, June 21, 2025

Rochelle home prices fall in May 2018

Realestate5

The median sale price of a home sold in May 2018 in Rochelle fell by $22,000 while total sales increased by 26.7%, according to BlockShopper.com.

In May 2018, there were 19 homes sold, with a median sale price of $98,000 - a 18.3% decrease over the $120,000 median sale price for the same period of the previous year. There were 15 homes sold in Rochelle in May 2017.

The median sales tax in Rochelle for the most recent year with available data, 2017, was $2,627, approximately 2.7% of the median home sale price for May 2018.

The following table compares Rochelle 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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