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Friday, November 22, 2024

Forreston home prices rise in January 2017

Realestate077

The median sale price of a home sold in January 2017 in Forreston rose by $21,250 while total sales increased by 50%, according to BlockShopper.com.

In January 2017, there were three homes sold, with a median sale price of $73,500 - a 40.7% increase over the $52,250 median sale price for the same period of the previous year. There were two homes sold in Forreston in January 2016.

The median sales tax in Forreston for 2017 was $1,921. In 2016, the median sales tax was $1,964. This marks an decrease of 2.2%. 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 Forreston to other Ogle County cities in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Polo21100%$191,250$14,5001219%
Davis Junction12-50%$175,000$97,00080.4%
Lost Nation10-$134,000$0-
Creston12-50%$112,600$94,50019.2%
Rochelle72250%$112,000$102,0009.8%
Monroe Center10-$109,000$0-
Stillman Valley20-$101,750$0-
Oregon60-$99,500$0-
Forreston3250%$73,500$52,25040.7%
Mount Morris35-40%$42,000$107,000-60.7%
Hillcrest12-50%$41,000$97,500-57.9%
Grand Detour01-100%$0$40,500-100%
Byron02-100%$0$161,500-100%
Leaf River00-$0$0-

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