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Saturday, June 21, 2025

Lost Nation home prices rise in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Lost Nation rose by $3,000 while total sales decreased by 37.5%, according to BlockShopper.com.

From April through June of 2018, there were five homes sold, with a median sale price of $170,000 - a 1.8% increase over the $167,000 median sale price for the same period of the previous year. There were eight homes sold in Lost Nation in the second 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 1.8%.

The following table compares Lost Nation 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)
Grand Detour23-33.3%$191,000$72,000165.3%
Lost Nation58-37.5%$170,000$167,0001.8%
Davis Junction813-38.5%$161,250$166,000-2.9%
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%

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