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Monday, November 25, 2024

Hillcrest home prices fall in September 2019

Realestate2

The median sale price of a home sold in September 2019 in Hillcrest fell by $47,000 while total sales increased by 33.3%, according to BlockShopper.com.

In September 2019, there were four homes sold, with a median sale price of $121,000 - a 28% decrease over the $168,000 median sale price for the same period of the previous year. There were three homes sold in Hillcrest in September 2018.

The median sales tax in Hillcrest for 2019 was $2,725. In 2018, the median sales tax was $2,659. This marks an increase of 2.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

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

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Stillman Valley220%$199,500$147,50035.3%
Davis Junction5366.7%$194,000$137,00041.6%
Monroe Center20-$179,500$0-
Byron660%$136,750$129,5005.6%
Forreston20-$128,500$0-
Hillcrest4333.3%$121,000$168,000-28%
Rochelle816-50%$103,500$78,00032.7%
Oregon10666.7%$94,000$123,750-24%
Creston12-50%$92,000$128,250-28.3%
Leaf River20-$86,750$0-
Grand Detour20-$80,500$0-

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