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Saturday, September 28, 2024

Harlem home prices rise in the second half of 2017

Re 13

The median sale price of a home sold in the second half of 2017 in Harlem rose by $12,750 while total sales increased by 2.6%, according to BlockShopper.com.

From July through December of 2017, there were 39 homes sold, with a median sale price of $178,000 - a 7.7% increase over the $165,250 median sale price for the same period of the previous year. There were 38 homes sold in Harlem in the second half of 2016.

The median sales tax in Harlem for 2017 was $4,998. In 2016, the median sales tax was $4,881. This marks an increase of 2.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Harlem to other Winnebago County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Roscoe169175-3.4%$180,900$160,00013.1%
Harlem39382.6%$178,000$165,2507.7%
New Millford47-42.9%$147,000$125,00017.6%
Rockton1111073.7%$146,000$148,500-1.7%
Winnebago44424.8%$136,950$127,0007.8%
Cherry Valley11710412.5%$134,900$126,7506.4%
Owen12119.1%$133,700$124,9007%
Lake Summerset311872.2%$128,000$133,950-4.4%
South Beloit5457-5.3%$115,750$90,00028.6%
Pecatonica3547-25.5%$115,000$117,000-1.7%
Loves Park171175-2.3%$87,500$90,400-3.2%

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