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Saturday, June 21, 2025

Hillcrest home prices fall in the second quarter of 2018

Webp re 7

The median sale price of a home sold in the second quarter of 2018 in Hillcrest fell by $71,500 while total sales decreased by 71.4%, according to BlockShopper.com.

From April through June of 2018, there were two homes sold, with a median sale price of $70,500 - a 50.4% decrease over the $142,000 median sale price for the same period of the previous year. There were seven homes sold in Hillcrest in the second quarter of 2017.

The median sales tax in Hillcrest for 2018 was $2,659. In 2017, the median sales tax was $2,669. This marks an decrease of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.8%.

The following table compares Hillcrest 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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