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Saturday, June 21, 2025

Leaf River home prices rise in the second quarter of 2018

Webp realestate077

The median sale price of a home sold in the second quarter of 2018 in Leaf River rose by $20,250 while total sales increased by 200%, according to BlockShopper.com.

From April through June of 2018, there were six homes sold, with a median sale price of $59,000 - a 52.3% increase over the $38,750 median sale price for the same period of the previous year. There were two homes sold in Leaf River in the second quarter of 2017.

The median sales tax in Leaf River for 2018 was $1,598. In 2017, the median sales tax was $1,596. This marks an increase 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 Leaf River to other Ogle County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Stillman Valley69-33.3%$156,500$166,000-5.7%
Byron2024-16.7%$126,000$123,7751.8%
Creston34-25%$115,000$81,00042%
Rochelle51494.1%$105,000$112,500-6.7%
Monroe Center14-75%$98,000$139,500-29.7%
Mount Morris1115-26.7%$85,000$74,00014.9%
Oregon18175.9%$76,000$95,950-20.8%
Hillcrest27-71.4%$70,500$142,000-50.4%
Forreston9812.5%$70,000$95,340-26.6%
Polo15150%$70,000$63,00011.1%
Leaf River62200%$59,000$38,75052.3%

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