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Sunday, June 22, 2025

Lost Nation home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Lost Nation rose by $87,500 while total sales increased by 100%, according to BlockShopper.com.

From October through December of 2018, there were six homes sold, with a median sale price of $97,500 - a 875% increase over the $10,000 median sale price for the same period of the previous year. There were three homes sold in Lost Nation in the fourth quarter of 2017.

The median sales tax in Lost Nation for 2018 was $3,136. In 2017, the median sales tax was $3,067. This marks an increase of 2.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.2%.

The following table compares Lost Nation to other Ogle County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Stillman Valley84100%$132,500$87,05052.2%
Byron181250%$132,500$125,7505.4%
Hillcrest440%$125,750$96,40030.4%
Grand Detour3250%$120,000$107,90011.2%
Rochelle302520%$104,500$113,000-7.5%
Monroe Center51400%$102,000$50,000104%
Polo612-50%$101,500$58,50073.5%
Lost Nation63100%$97,500$10,000875%
Forreston51400%$65,000$80,900-19.7%
Mount Morris1217-29.4%$61,000$67,500-9.6%
Oregon1322-40.9%$59,000$67,750-12.9%

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