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Saturday, June 21, 2025

Grand Detour home prices rise in the first half of 2018

Webp re 7

The median sale price of a home sold in the first half of 2018 in Grand Detour rose by $73,000 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

From January through June of 2018, there were five homes sold, with a median sale price of $145,000 - a 101.4% increase over the $72,000 median sale price for the same period of the previous year. There were five homes sold in Grand Detour in the first half of 2017, as well.

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 1.5%.

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

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Lost Nation911-18.2%$170,000$160,0006.3%
Davis Junction1421-33.3%$161,000$160,0000.6%
Grand Detour550%$145,000$72,000101.4%
Byron3435-2.9%$135,500$125,0008.4%
Stillman Valley914-35.7%$132,000$152,350.50-13.4%
Creston7540%$120,000$112,6006.6%
Monroe Center45-20%$112,500$122,000-7.8%
Rochelle817311%$105,000$112,500-6.7%
Mount Morris2325-8%$85,000$67,50025.9%
Hillcrest713-46.2%$82,500$125,000-34%
Oregon32320%$78,000$68,50013.9%

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