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Saturday, November 23, 2024

Byron home prices rise in February 2017

Realestate5

The median sale price of a home sold in February 2017 in Byron rose by $2,800 while total sales increased by 200%, according to BlockShopper.com.

In February 2017, there were six homes sold, with a median sale price of $125,300 - a 2.3% increase over the $122,500 median sale price for the same period of the previous year. There were two homes sold in Byron in February 2016.

The median sales tax in Byron for 2017 was $3,258. In 2016, the median sales tax was $3,021. This marks an increase of 7.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares Byron to other Ogle County cities in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Stillman Valley110%$187,000$115,00062.6%
Lost Nation10-$155,000$0-
Davis Junction40-$146,250$0-
Byron62200%$125,300$122,5002.3%
Rochelle50-$121,000$0-
Hillcrest10-$100,000$0-
Polo31200%$69,000$128,000-46.1%
Oregon40-$65,500$0-
Mount Morris51400%$54,500$53,0002.8%
Forreston20-$42,950$0-
Creston00-$0$0-
Grand Detour00-$0$0-
Monroe Center00-$0$0-
Leaf River00-$0$0-

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