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Sunday, June 22, 2025

Lost Nation home prices fall in the second half of 2018

Webp realestate077

The median sale price of a home sold in the second half of 2018 in Lost Nation fell by $6,900 while total sales increased by 114.3%, according to BlockShopper.com.

From July through December of 2018, there were 15 homes sold, with a median sale price of $188,000 - a 3.5% decrease over the $194,900 median sale price for the same period of the previous year. There were seven homes sold in Lost Nation in the second half 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 1.7%.

The following table compares Lost Nation 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)
Lost Nation157114.3%$188,000$194,900-3.5%
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%

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