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Saturday, November 23, 2024

Grand Detour home prices fall in March 2017

Re 12

The median sale price of a home sold in March 2017 in Grand Detour fell by $119,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In March 2017, there were two homes sold, with a median sale price of $114,750 - a 51.1% decrease over the $234,500 median sale price for the same period of the previous year. There were two homes sold in Grand Detour in March 2016, as well.

The median sales tax in Grand Detour for 2017 was $2,088. In 2016, the median sales tax was $2,146. This marks an decrease of 2.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares Grand Detour to other Ogle County cities with similar median sales prices in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Lost Nation10-$232,000$0-
Davis Junction35-40%$155,000$138,00012.3%
Byron56-16.7%$129,900$96,25035%
Hillcrest41300%$126,500$108,00017.1%
Grand Detour220%$114,750$234,500-51.1%
Rochelle126100%$104,500$88,25018.4%
Polo62200%$92,700$43,500113.1%
Oregon56-16.7%$70,000$62,00012.9%
Mount Morris23-33.3%$69,250$73,000-5.1%
Leaf River10-$61,000$0-
Forreston20-$59,000$0-

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