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Tuesday, November 26, 2024

Oregon home prices rise in August 2019

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The median sale price of a home sold in August 2019 in Oregon rose by $13,500 while total sales increased by 50%, according to BlockShopper.com.

In August 2019, there were nine homes sold, with a median sale price of $90,000 - a 17.6% increase over the $76,500 median sale price for the same period of the previous year. There were six homes sold in Oregon in August 2018.

The median sales tax in Oregon for 2019 was $2,332. In 2018, the median sales tax was $2,209. This marks an increase of 5.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

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

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Davis Junction24-50%$187,500$157,00019.4%
Stillman Valley110%$150,000$148,0001.4%
Byron131118.2%$150,000$141,0006.4%
Hillcrest110%$143,000$164,500-13.1%
Creston21100%$97,250$96,0001.3%
Rochelle1520-25%$97,000$100,000-3%
Mount Morris5366.7%$95,000$85,50011.1%
Oregon9650%$90,000$76,50017.6%
Polo440%$55,000$68,500-19.7%
Leaf River20-$49,500$0-
Forreston36-50%$47,500$123,500-61.5%

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