In March 2017, there were three homes sold, with a median sale price of $155,000 - a 12.3% increase over the $138,000 median sale price for the same period of the previous year. There were five homes sold in Davis Junction in March 2016.
The median sales tax in Davis Junction for 2017 was $3,667. In 2016, the median sales tax was $3,451. This marks an increase of 6.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.
The following table compares Davis Junction to other Ogle County cities with similar median sales prices in March 2017:
| City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lost Nation | 1 | 0 | - | $232,000 | $0 | - |
| Davis Junction | 3 | 5 | -40% | $155,000 | $138,000 | 12.3% |
| Byron | 5 | 6 | -16.7% | $129,900 | $96,250 | 35% |
| Hillcrest | 4 | 1 | 300% | $126,500 | $108,000 | 17.1% |
| Grand Detour | 2 | 2 | 0% | $114,750 | $234,500 | -51.1% |
| Rochelle | 12 | 6 | 100% | $104,500 | $88,250 | 18.4% |
| Polo | 6 | 2 | 200% | $92,700 | $43,500 | 113.1% |
| Oregon | 5 | 6 | -16.7% | $70,000 | $62,000 | 12.9% |
| Mount Morris | 2 | 3 | -33.3% | $69,250 | $73,000 | -5.1% |
| Leaf River | 1 | 0 | - | $61,000 | $0 | - |
| Forreston | 2 | 0 | - | $59,000 | $0 | - |
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