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Saturday, November 23, 2024

Rochelle home prices fall in September 2017

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The median sale price of a home sold in September 2017 in Rochelle fell by $33,750 while total sales increased by 33.3%, according to BlockShopper.com.

In September 2017, there were 12 homes sold, with a median sale price of $84,250 - a 28.6% decrease over the $118,000 median sale price for the same period of the previous year. There were nine homes sold in Rochelle in September 2016.

The median sales tax in Rochelle for 2017 was $2,625. In 2016, the median sales tax was $2,581. This marks an increase of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares Rochelle to other Ogle County cities in September 2017:

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Monroe Center110%$239,900$83,500187.3%
Lost Nation10-$227,000$0-
Byron78-12.5%$142,900$122,25016.9%
Stillman Valley14-75%$135,000$134,0000.7%
Hillcrest31200%$99,000$157,500-37.1%
Rochelle12933.3%$84,250$118,000-28.6%
Mount Morris711-36.4%$74,000$43,00072.1%
Polo220%$71,750$78,000-8%
Forreston63100%$69,950$96,000-27.1%
Oregon28-75%$69,000$83,000-16.9%
Creston02-100%$0$29,000-100%
Grand Detour01-100%$0$40,000-100%
Davis Junction01-100%$0$140,000-100%
Leaf River00-$0$0-

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