From January through June of 2017, there were 1,344 homes sold, with a median sale price of $65,000. There were 1,218 homes sold in Rockford in the first half of 2016, and the median sales price for the period was also $65,000.
The median sales tax in Rockford for 2017 was $2,330. In 2016, the median sales tax was $2,291. This marks an increase of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.
The following table compares Rockford to other Winnebago County cities with similar median sales prices in the first half of 2017:
| City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Owen | 12 | 10 | 20% | $139,250 | $121,000 | 15.1% |
| New Millford | 4 | 6 | -33.3% | $135,500 | $122,577.50 | 10.5% |
| Pecatonica | 28 | 34 | -17.6% | $133,450 | $134,250 | -0.6% |
| Winnebago | 28 | 34 | -17.6% | $133,000 | $135,250 | -1.7% |
| Cherry Valley | 96 | 94 | 2.1% | $131,700 | $108,250 | 21.7% |
| Lake Summerset | 23 | 19 | 21.1% | $127,500 | $162,500 | -21.5% |
| South Beloit | 41 | 46 | -10.9% | $122,500 | $113,450 | 8% |
| Durand | 10 | 14 | -28.6% | $115,000 | $110,125 | 4.4% |
| Loves Park | 154 | 149 | 3.4% | $94,750 | $72,000 | 31.6% |
| Machesney Park | 199 | 180 | 10.6% | $91,000 | $89,450 | 1.7% |
| Rockford | 1,344 | 1,218 | 10.3% | $65,000 | $65,000 | 0% |
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