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Saturday, November 23, 2024

Rochelle home prices rise in June 2017

Realestate3

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The median sale price of a home sold in June 2017 in Rochelle rose by $11,900 while total sales increased by 216.7%, according to BlockShopper.com.

In June 2017, there were 19 homes sold, with a median sale price of $114,900 - a 11.6% increase over the $103,000 median sale price for the same period of the previous year. There were six homes sold in Rochelle in June 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 2.3%.

The following table compares Rochelle 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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