From July through September of 2019, there were three homes sold, with a median sale price of $184,000 - a 22.9% increase over the $149,750 median sale price for the same period of the previous year. There were two homes sold in Monroe Center in the third quarter of 2018.
The median sales tax in Monroe Center for 2019 was $2,364. In 2018, the median sales tax was $2,420. This marks an decrease of 2.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.
The following table compares Monroe Center to other Ogle County cities with similar median sales prices in the third quarter of 2019:
| City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lost Nation | 9 | 9 | 0% | $210,000 | $202,000 | 4% |
| Monroe Center | 3 | 2 | 50% | $184,000 | $149,750 | 22.9% |
| Stillman Valley | 4 | 6 | -33.3% | $172,000 | $132,500 | 29.8% |
| Davis Junction | 11 | 10 | 10% | $166,500 | $149,000 | 11.7% |
| Grand Detour | 3 | 4 | -25% | $146,000 | $104,750 | 39.4% |
| Byron | 22 | 23 | -4.3% | $144,000 | $149,000 | -3.4% |
| Hillcrest | 7 | 7 | 0% | $143,000 | $164,500 | -13.1% |
| Rochelle | 43 | 46 | -6.5% | $99,000 | $97,500 | 1.5% |
| Creston | 3 | 4 | -25% | $92,000 | $128,250 | -28.3% |
| Oregon | 22 | 21 | 4.8% | $89,750 | $80,500 | 11.5% |
| Mount Morris | 18 | 9 | 100% | $86,750 | $85,500 | 1.5% |
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