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Saturday, November 23, 2024

Byron home prices fall in June 2017

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The median sale price of a home sold in June 2017 in Byron fell by $16,000 while total sales increased by 166.7%, according to BlockShopper.com.

In June 2017, there were eight homes sold, with a median sale price of $114,000 - a 12.3% decrease over the $130,000 median sale price for the same period of the previous year. There were three homes sold in Byron in June 2016.

The median sales tax in Byron for 2017 was $3,258. In 2016, the median sales tax was $3,021. This marks an increase of 7.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Byron to other Ogle County cities with similar median sales prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Stillman Valley51400%$170,000$140,00021.4%
Monroe Center110%$157,000$148,0006.1%
Lost Nation41300%$153,000$215,000-28.8%
Forreston440%$152,250$89,75069.6%
Hillcrest52150%$149,000$117,00027.4%
Rochelle196216.7%$114,900$103,00011.6%
Byron83166.7%$114,000$130,000-12.3%
Oregon57-28.6%$104,500$107,000-2.3%
Mount Morris8714.3%$68,640.50$60,00014.4%
Polo5425%$60,000$31,50090.5%
Creston110%$40,000$139,000-71.2%

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