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Saturday, August 2, 2025

Erie home prices fall in the second quarter of 2018

Re 13

The median sale price of a home sold in the second quarter of 2018 in Erie fell by $23,000 while total sales increased by 160%, according to BlockShopper.com.

From April through June of 2018, there were 13 homes sold, with a median sale price of $106,900 - a 17.7% decrease over the $129,900 median sale price for the same period of the previous year. There were five homes sold in Erie in the second quarter of 2017.

The median sales tax in Erie for the most recent year with available data, 2017, was $2,050, approximately 1.9% of the median home sale price for the second quarter of 2018.

The following table compares Erie to other Whiteside County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Como52150%$135,000$42,450218%
Albany811-27.3%$122,500$107,50014%
Erie135160%$106,900$129,900-17.7%
Fulton2234-35.3%$99,000$119,000-16.8%
Morrison2135-40%$82,000$110,000-25.5%
Sterling83812.5%$77,900$85,000-8.4%
Fenton13-66.7%$75,000$113,000-33.6%
Prophetstown2210120%$71,400$66,2507.8%
Tampico46-33.3%$69,500$64,2008.3%
Rock Falls554814.6%$69,000$64,7506.6%
Douglas Park21100%$59,000$23,500151.1%

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