In November 2018, there were seven homes sold, with a median sale price of $98,000 - a 11.7% decrease over the $111,000 median sale price for the same period of the previous year. There were eight homes sold in Rochelle in November 2017.
The median sales tax in Rochelle for 2018 was $2,663. In 2017, the median sales tax was $2,625. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.
The following table compares Rochelle to other Ogle County cities with similar median sales prices in November 2018:
City | Nov. 2018 Home Sales | Nov. 2017 Home Sales | % change (Total Home Sales) | Nov. 2018 Median Sales Price | Nov. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Leaf River | 1 | 0 | - | $138,000 | $0 | - |
Stillman Valley | 5 | 3 | 66.7% | $125,000 | $118,500 | 5.5% |
Grand Detour | 1 | 0 | - | $120,000 | $0 | - |
Byron | 2 | 2 | 0% | $117,250 | $89,999.50 | 30.3% |
Monroe Center | 3 | 0 | - | $102,000 | $0 | - |
Rochelle | 7 | 8 | -12.5% | $98,000 | $111,000 | -11.7% |
Polo | 4 | 0 | - | $95,500 | $0 | - |
Lost Nation | 2 | 0 | - | $90,500 | $0 | - |
Mount Morris | 1 | 0 | - | $83,500 | $0 | - |
Oregon | 3 | 9 | -66.7% | $57,500 | $77,900 | -26.2% |
Forreston | 1 | 0 | - | $50,000 | $0 | - |