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Wednesday, November 27, 2024

Byron home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Byron rose by $1,000 while total sales decreased by 50%, according to BlockShopper.com.

In July 2019, there were three homes sold, with a median sale price of $158,000 - a 0.6% increase over the $157,000 median sale price for the same period of the previous year. There were six homes sold in Byron in July 2018.

The median sales tax in Byron for 2019 was $3,319. In 2018, the median sales tax was $3,292. This marks an increase of 0.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Lost Nation330%$228,000$192,00018.8%
Grand Detour110%$197,000$182,0008.2%
Monroe Center10-$195,000$0-
Hillcrest23-33.3%$172,500$118,50045.6%
Byron36-50%$158,000$157,0000.6%
Davis Junction4333.3%$157,750$132,00019.5%
Rochelle2010100%$96,500$131,000-26.3%
Mount Morris73133.3%$88,500$106,000-16.5%
Polo62200%$74,000$86,000-14%
Oregon39-66.7%$71,500$100,000-28.5%
Forreston110%$69,500$67,5003%

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