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Sunday, November 24, 2024

Ogle County experienced increase in median home valuation prices in May 2024 compared to May 2023

Realestate077

In May, the median sale price of a home in Ogle County rose by $12,000 from the same period in the previous year, while total sales increased by 15.1%, according to BlockShopper.com.

Data shows that there were 61 homes sold in May, with a median sale price of $157,000 - an 8.3% increase over the $145,000 median sale price for the same period of the previous year. There were 53 homes sold in Ogle County in May 2023.

For context, the median sales tax in Ogle County, based on the latest available data from 2021, was $3,297, which stands at 2.1% of May's median home sale price.

The following histogram displays changes in median sales prices in Ogle County from May 2023 to May 2024.

May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024$145,000$145,000$198,000$198,000$160,000$160,000$190,250$190,250$141,000$141,000$175,000$175,000$188,000$188,000$175,000$175,000$195,500$195,500$162,500$162,500$144,250$144,250$170,000$170,000$157,000$157,000

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