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Thursday, October 31, 2024

Whiteside County home prices rose in September 2024 compared to September 2023

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In September, the median sale price of a home in Whiteside County rose by $4,350 from the same period in the previous year, while total sales increased by 15.5%, according to BlockShopper.com.

There were 97 homes sold in September, with a median sale price of $99,000 - a 4.6% increase over the $94,650 median sale price for the same period of the previous year. Data shows 84 homes sold in Whiteside County in September 2023.

Based on the latest available data from 2020, the median sales tax in Whiteside County was $2,174, which stands at 2.2% of September's median home sale price.

The U.S. housing market has soared in recent years, with its total value nearing $50 trillion in 2024. This is almost five times greater than the market's value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Whiteside County from September 2023 to September 2024.

September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024August 2024September 2024$94,650$94,650$95,000$95,000$100,000$100,000$115,000$115,000$92,500$92,500$139,500$139,500$86,000$86,000$120,450$120,450$107,500$107,500$121,450$121,450$107,450$107,450$122,500$122,500$99,000$99,000

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