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Sunday, November 24, 2024

Mount Morris home prices rise in September 2018

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The median sale price of a home sold in September 2018 in Mount Morris rose by $4,500 while total sales decreased by 57.1%, according to BlockShopper.com.

In September 2018, there were three homes sold, with a median sale price of $78,500 - a 6.1% increase over the $74,000 median sale price for the same period of the previous year. There were seven homes sold in Mount Morris in September 2017.

The median sales tax in Mount Morris for 2018 was $1,687. In 2017, the median sales tax was $1,713. This marks an decrease of 1.5%. 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 Mount Morris 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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