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Tuesday, November 26, 2024

Harlem home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Harlem rose by $21,000 while total sales decreased by 6.3%, according to BlockShopper.com.

From July through September of 2018, there were 15 homes sold, with a median sale price of $186,500 - a 12.7% increase over the $165,500 median sale price for the same period of the previous year. There were 16 homes sold in Harlem in the third quarter of 2017.

The median sales tax in Harlem for the most recent year with available data, 2017, was $4,998.50, approximately 2.7% of the median home sale price for the third quarter of 2018.

The following table compares Harlem to other Winnebago County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Harlem1516-6.3%$186,500$165,50012.7%
Roscoe99927.6%$180,000$183,942.50-2.1%
Rockton6066-9.1%$159,250$148,7007.1%
Cherry Valley4360-28.3%$142,000$131,0008.4%
Owen7616.7%$142,000$126,25012.5%
Pecatonica24229.1%$135,750$129,0005.2%
Lake Summerset921-57.1%$135,000$125,0008%
Winnebago25250%$134,500$144,000-6.6%
South Beloit35336.1%$127,000$120,1005.7%
Durand9812.5%$120,000$62,50092%
Loves Park94895.6%$101,000$83,00021.7%

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