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Sunday, November 24, 2024

Rochelle home prices fall in September 2018

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The median sale price of a home sold in September 2018 in Rochelle fell by $6,250 while total sales increased by 33.3%, according to BlockShopper.com.

In September 2018, there were 16 homes sold, with a median sale price of $78,000 - a 7.4% decrease over the $84,250 median sale price for the same period of the previous year. There were 12 homes sold in Rochelle in September 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 3.4%.

The following table compares Rochelle to other Ogle County cities in September 2018:

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Hillcrest330%$168,000$99,00069.7%
Lost Nation110%$167,500$227,000-26.2%
Stillman Valley21100%$147,500$135,0009.3%
Davis Junction30-$137,000$0-
Byron67-14.3%$129,500$142,900-9.4%
Creston20-$128,250$0-
Oregon62200%$123,750$69,00079.3%
Mount Morris37-57.1%$78,500$74,0006.1%
Rochelle161233.3%$78,000$84,250-7.4%
Polo62200%$67,000$71,750-6.6%
Forreston06-100%$0$69,950-100%
Grand Detour00-$0$0-
Monroe Center01-100%$0$239,900-100%
Leaf River00-$0$0-

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