NW Illinois News

In July, the median sale price of a home in Whiteside County fell by $3,550 from the same period in the previous year, while total sales decreased by 12.9%, according to BlockShopper.com.

There were 74 homes sold in July, with a median sale price of $107,450 - a 3.2% decrease from the $111,000 median sale price for the same period of the previous year. Data shows 85 homes sold in Whiteside County in July 2023.

Based on the latest available data from 2020, the median sales tax in Whiteside County was $2,174, which stands at 2% of July'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 July 2023 to July 2024.