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Sunday, November 24, 2024

Hillcrest home prices rise in the first half of 2019

Realestate077

The median sale price of a home sold in the first half of 2019 in Hillcrest rose by $43,500 while total sales increased by 71.4%, according to BlockShopper.com.

From January through June of 2019, there were 12 homes sold, with a median sale price of $126,000 - a 52.7% increase over the $82,500 median sale price for the same period of the previous year. There were seven homes sold in Hillcrest in the first half of 2018.

The median sales tax in Hillcrest for 2019 was $2,725. In 2018, the median sales tax was $2,659. This marks an increase of 2.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Hillcrest to other Ogle County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Byron3134-8.8%$152,000$135,50012.2%
Monroe Center34-25%$140,000$112,50024.4%
Rochelle4981-39.5%$132,000$105,00025.7%
Grand Detour6520%$129,250$145,000-10.9%
Stillman Valley990%$129,000$132,000-2.3%
Hillcrest12771.4%$126,000$82,50052.7%
Oregon33323.1%$100,000$78,00028.2%
Mount Morris2023-13%$87,250$85,0002.6%
Forreston1016-37.5%$82,250$67,50021.9%
Polo2025-20%$80,000$70,00014.3%
Creston37-57.1%$50,000$120,000-58.3%

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