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Saturday, November 23, 2024

Rochelle home prices rise in October 2019

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The median sale price of a home sold in October 2019 in Rochelle rose by $11,500 while total sales increased by 33.3%, according to BlockShopper.com.

In October 2019, there were 16 homes sold, with a median sale price of $124,500 - a 10.2% increase over the $113,000 median sale price for the same period of the previous year. There were 12 homes sold in Rochelle in October 2018.

The median sales tax in Rochelle for 2019 was $2,739. In 2018, the median sales tax was $2,663. This marks an increase of 2.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Rochelle to other Ogle County cities with similar median sales prices in October 2019:

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Byron49-55.6%$202,000$128,00057.8%
Monroe Center10-$178,000$0-
Davis Junction23-33.3%$172,500$157,0009.9%
Lost Nation330%$138,000$165,000-16.4%
Mount Morris34-25%$129,000$109,00018.3%
Rochelle161233.3%$124,500$113,00010.2%
Grand Detour110%$117,000$60,00095%
Creston10-$70,000$0-
Oregon84100%$69,000$54,50026.6%
Forreston21100%$67,500$105,000-35.7%
Stillman Valley220%$65,500$199,500-67.2%

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