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Sunday, June 22, 2025

Grand Detour home prices rise in the second half of 2018

Webp re 6

The median sale price of a home sold in the second half of 2018 in Grand Detour rose by $30,000 while total sales increased by 133.3%, according to BlockShopper.com.

From July through December of 2018, there were seven homes sold, with a median sale price of $120,000 - a 33.3% increase over the $90,000 median sale price for the same period of the previous year. There were three homes sold in Grand Detour in the second half of 2017.

The median sales tax in Grand Detour for 2018 was $2,143. In 2017, the median sales tax was $2,088. This marks an increase of 2.6%. 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 Grand Detour 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)
Hillcrest1112-8.3%$164,500$98,25067.4%
Davis Junction201442.9%$158,000$163,250-3.2%
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%

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