From January through December of 2017, there were 129 homes sold, with a median sale price of $112,000 - a 12% increase over the $100,000 median sale price for the previous year. There were 89 homes sold in Rochelle in 2016.
The median sales tax in Rochelle for 2017 was $2,625. In 2016, the median sales tax was $2,581. This marks an increase of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.
The following table compares Rochelle to other Ogle County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Davis Junction | 35 | 41 | -14.6% | $161,000 | $145,000 | 11% |
| Stillman Valley | 24 | 13 | 84.6% | $135,500 | $128,000 | 5.9% |
| Byron | 70 | 58 | 20.7% | $129,900 | $132,500 | -2% |
| Monroe Center | 7 | 3 | 133.3% | $122,000 | $142,500 | -14.4% |
| Creston | 5 | 8 | -37.5% | $112,600 | $86,500 | 30.2% |
| Rochelle | 129 | 89 | 44.9% | $112,000 | $100,000 | 12% |
| Hillcrest | 25 | 11 | 127.3% | $107,800 | $107,500 | 0.3% |
| Grand Detour | 8 | 11 | -27.3% | $81,000 | $87,500 | -7.4% |
| Forreston | 25 | 20 | 25% | $73,500 | $76,750 | -4.2% |
| Polo | 46 | 32 | 43.8% | $71,000.50 | $49,750 | 42.7% |
| Mount Morris | 57 | 52 | 9.6% | $70,000 | $60,000 | 16.7% |
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