In July 2018, there were three homes sold, with a median sale price of $106,000 - a 43.5% increase over the $73,850 median sale price for the same period of the previous year. There were five homes sold in Mount Morris in July 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 1.6%.
The following table compares Mount Morris to other Ogle County cities with similar median sales prices in July 2018:
| City | July 2018 Home Sales | July 2017 Home Sales | % change (Total Home Sales) | July 2018 Median Sales Price | July 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Grand Detour | 1 | 1 | 0% | $182,000 | $39,000 | 366.7% |
| Byron | 6 | 6 | 0% | $157,000 | $124,500 | 26.1% |
| Davis Junction | 3 | 2 | 50% | $132,000 | $155,750 | -15.2% |
| Rochelle | 10 | 10 | 0% | $131,000 | $107,500 | 21.9% |
| Hillcrest | 3 | 3 | 0% | $118,500 | $105,000 | 12.9% |
| Stillman Valley | 3 | 2 | 50% | $117,000 | $152,950 | -23.5% |
| Mount Morris | 3 | 5 | -40% | $106,000 | $73,850 | 43.5% |
| Oregon | 9 | 12 | -25% | $100,000 | $80,150 | 24.8% |
| Polo | 2 | 2 | 0% | $86,000 | $86,500.50 | -0.6% |
| Forreston | 1 | 2 | -50% | $67,500 | $81,750 | -17.4% |
| Leaf River | 2 | 1 | 100% | $23,000 | $80,000 | -71.3% |
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