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Monday, May 12, 2025

Oregon home prices fall in May 2017

Webp realestate4

The median sale price of a home sold in May 2017 in Oregon fell by $14,956 while total sales increased by 75%, according to BlockShopper.com.

In May 2017, there were seven homes sold, with a median sale price of $38,044 - a 28.2% decrease over the $53,000 median sale price for the same period of the previous year. There were four homes sold in Oregon in May 2016.

The median sales tax in Oregon for 2017 was $2,210. In 2016, the median sales tax was $2,070. This marks an increase of 6.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 5.8%.

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

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Davis Junction440%$134,750$145,000-7.1%
Creston110%$127,000$111,00014.4%
Monroe Center30-$122,000$0-
Hillcrest21100%$120,500$60,50099.2%
Rochelle151225%$120,000$78,50052.9%
Byron8714.3%$106,450$135,000-21.1%
Forreston20-$81,750$0-
Mount Morris5366.7%$75,000$100,000-25%
Polo41300%$60,500$10,000505%
Leaf River20-$38,750$0-
Oregon7475%$38,044$53,000-28.2%

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