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Monday, November 25, 2024

Forreston home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Forreston fell by $9,000 while total sales increased by 50%, according to BlockShopper.com.

In June 2019, there were three homes sold, with a median sale price of $98,000 - a 8.4% decrease over the $107,000 median sale price for the same period of the previous year. There were two homes sold in Forreston in June 2018.

The median sales tax in Forreston for 2019 was $1,831. In 2018, the median sales tax was $1,892. This marks an decrease of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Forreston to other Ogle County cities in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Byron610-40%$167,000$118,00041.5%
Lost Nation12-50%$162,000$185,500-12.7%
Davis Junction4333.3%$143,750$160,000-10.2%
Rochelle171070%$142,500$98,00045.4%
Stillman Valley220%$139,500$171,750-18.8%
Mount Morris550%$130,000$63,500104.7%
Hillcrest41300%$123,500$62,00099.2%
Forreston3250%$98,000$107,000-8.4%
Polo6520%$91,500$120,000-23.8%
Oregon79-22.2%$75,000$77,000-2.6%
Creston110%$50,000$103,500-51.7%
Grand Detour01-100%$0$237,000-100%
Monroe Center01-100%$0$98,000-100%
Leaf River03-100%$0$70,000-100%

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