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Saturday, April 19, 2025

Albany home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Albany rose by $12,075 while total sales decreased by 31.3%, according to BlockShopper.com.

From January through June of 2018, there were 11 homes sold, with a median sale price of $103,325 - a 13.2% increase over the $91,250 median sale price for the same period of the previous year. There were 16 homes sold in Albany in the first half of 2017.

The median sales tax in Albany for the most recent year with available data, 2017, was $2,302, approximately 2.2% of the median home sale price for the first half of 2018.

The following table compares Albany to other Whiteside County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Como73133.3%$135,000$51,900160.1%
Albany1116-31.3%$103,325$91,25013.2%
Erie161323.1%$102,450$100,0002.5%
Fenton23-33.3%$98,750$113,000-12.6%
Fulton3954-27.8%$90,000$119,000-24.4%
Morrison3758-36.2%$82,450$101,000-18.4%
Sterling140147-4.8%$75,250$80,000-5.9%
Prophetstown291770.6%$70,800$65,0008.9%
Douglas Park21100%$59,000$23,500151.1%
Tampico89-11.1%$57,500$45,82425.5%
Rock Falls998615.1%$56,500$63,500-11%

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