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Thursday, June 19, 2025

Mount Morris home prices fall in August 2017

Webp re 4

The median sale price of a home sold in August 2017 in Mount Morris fell by $19,166 while total sales decreased by 50%, according to BlockShopper.com.

In August 2017, there were three homes sold, with a median sale price of $37,334 - a 33.9% decrease over the $56,500 median sale price for the same period of the previous year. There were six homes sold in Mount Morris in August 2016.

The median sales tax in Mount Morris for 2017 was $1,713. In 2016, the median sales tax was $1,721. This marks an decrease of 0.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.6%.

The following table compares Mount Morris to other Ogle County cities in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Lost Nation10-$341,000$0-
Byron10742.9%$181,800$137,00032.7%
Davis Junction4333.3%$162,250$158,4002.4%
Rochelle915-40%$115,000$100,00015%
Forreston10-$110,000$0-
Hillcrest20-$96,250$0-
Polo4333.3%$85,500$85,0000.6%
Stillman Valley31200%$77,000$147,000-47.6%
Oregon550%$72,500$152,000-52.3%
Mount Morris36-50%$37,334$56,500-33.9%
Creston00-$0$0-
Grand Detour02-100%$0$62,750-100%
Monroe Center00-$0$0-
Leaf River01-100%$0$80,500-100%

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