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Tuesday, December 24, 2024

Mount Morris home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Mount Morris rose by $24,350 while total sales decreased by 71.4%, according to BlockShopper.com.

In April 2017, there were two homes sold, with a median sale price of $74,350 - a 48.7% increase over the $50,000 median sale price for the same period of the previous year. There were seven homes sold in Mount Morris in April 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 2.3%.

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

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Lost Nation10-$232,500$0-
Davis Junction42100%$169,050$148,25014%
Stillman Valley41300%$166,000$60,000176.7%
Byron83166.7%$165,000$142,50015.8%
Rochelle154275%$105,000$91,25015.1%
Creston20-$79,500$0-
Polo61500%$74,500$62,00020.2%
Mount Morris27-71.4%$74,350$50,00048.7%
Grand Detour31200%$72,000$172,000-58.1%
Forreston21100%$68,090$78,000-12.7%
Oregon5366.7%$40,000$116,000-65.5%
Hillcrest00-$0$0-
Monroe Center00-$0$0-
Leaf River00-$0$0-

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