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Saturday, June 21, 2025

Oregon home prices rise in the third quarter of 2018

Webp re 3

The median sale price of a home sold in the third quarter of 2018 in Oregon rose by $8,000 while total sales increased by 10.5%, according to BlockShopper.com.

From July through September of 2018, there were 21 homes sold, with a median sale price of $80,500 - a 11% increase over the $72,500 median sale price for the same period of the previous year. There were 19 homes sold in Oregon in the third quarter of 2017.

The median sales tax in Oregon for 2018 was $2,209. In 2017, the median sales tax was $2,210. This marks an decrease of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Davis Junction10666.7%$149,000$158,000-5.7%
Byron23230%$149,000$142,9004.3%
Stillman Valley660%$132,500$135,500-2.2%
Creston40-$128,250$0-
Forreston79-22.2%$122,000$79,90052.7%
Grand Detour41300%$104,750$39,000168.6%
Rochelle463148.4%$97,500$105,000-7.1%
Mount Morris915-40%$85,500$71,00020.4%
Oregon211910.5%$80,500$72,50011%
Polo12850%$68,500$85,000-19.4%
Leaf River21100%$23,000$80,000-71.3%

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