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Saturday, June 21, 2025

Rochelle home prices fall in June 2018

Webp re 2

The median sale price of a home sold in June 2018 in Rochelle fell by $16,900 while total sales decreased by 47.4%, according to BlockShopper.com.

In June 2018, there were 10 homes sold, with a median sale price of $98,000 - a 14.7% decrease over the $114,900 median sale price for the same period of the previous year. There were 19 homes sold in Rochelle in June 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 June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Davis Junction35-40%$160,000$225,931-29.2%
Polo550%$120,000$60,000100%
Byron10825%$118,000$114,0003.5%
Forreston24-50%$107,000$152,250-29.7%
Creston110%$103,500$40,000158.8%
Rochelle1019-47.4%$98,000$114,900-14.7%
Monroe Center110%$98,000$157,000-37.6%
Oregon9580%$77,000$104,500-26.3%
Leaf River30-$70,000$0-
Mount Morris58-37.5%$63,500$68,640.50-7.5%
Hillcrest15-80%$62,000$149,000-58.4%

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