From January through June of 2018, there were 23 homes sold, with a median sale price of $85,000 - a 25.9% increase over the $67,500 median sale price for the same period of the previous year. There were 25 homes sold in Mount Morris in the first half of 2017.
The median sales tax in Mount Morris for 2018 was $1,687. In 2017, the median sales tax was $1,713. This marks an decrease of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.
The following table compares Mount Morris to other Ogle County cities with similar median sales prices in the first half of 2018:
| City | Jan. - June 2018 Home Sales | Jan. - June 2017 Home Sales | % change (Total Home Sales) | Jan. - June 2018 Median Sales Price | Jan. - June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Byron | 34 | 35 | -2.9% | $135,500 | $125,000 | 8.4% |
| Stillman Valley | 9 | 14 | -35.7% | $132,000 | $152,350.50 | -13.4% |
| Creston | 7 | 5 | 40% | $120,000 | $112,600 | 6.6% |
| Monroe Center | 4 | 5 | -20% | $112,500 | $122,000 | -7.8% |
| Rochelle | 81 | 73 | 11% | $105,000 | $112,500 | -6.7% |
| Mount Morris | 23 | 25 | -8% | $85,000 | $67,500 | 25.9% |
| Hillcrest | 7 | 13 | -46.2% | $82,500 | $125,000 | -34% |
| Oregon | 32 | 32 | 0% | $78,000 | $68,500 | 13.9% |
| Polo | 25 | 26 | -3.8% | $70,000 | $74,450 | -6% |
| Forreston | 16 | 15 | 6.7% | $67,500 | $72,900 | -7.4% |
| Leaf River | 8 | 3 | 166.7% | $51,500 | $50,000 | 3% |
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