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Sunday, June 22, 2025

Oregon home prices rise in the second half of 2018

Webp realestate077

The median sale price of a home sold in the second half of 2018 in Oregon rose by $6,500 while total sales decreased by 17.1%, according to BlockShopper.com.

From July through December of 2018, there were 34 homes sold, with a median sale price of $76,500 - a 9.3% increase over the $70,000 median sale price for the same period of the previous year. There were 41 homes sold in Oregon in the second half of 2017.

The median sales tax in Oregon for 2018 was $2,209. In 2017, the median sales tax was $2,210. This marks an decrease of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Oregon to other Ogle County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Byron413517.1%$141,000$135,0004.4%
Stillman Valley141040%$132,500$126,7504.5%
Creston40-$128,250$0-
Grand Detour73133.3%$120,000$90,00033.3%
Leaf River51400%$106,000$80,00032.5%
Forreston121020%$102,500$80,40027.5%
Monroe Center72250%$102,000$144,950-29.6%
Rochelle765635.7%$100,000$110,500-9.5%
Polo1820-10%$82,500$67,750.5021.8%
Mount Morris2132-34.4%$80,000$70,00014.3%
Oregon3441-17.1%$76,500$70,0009.3%

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