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Saturday, September 28, 2024

Pecatonica home prices rise in 2017

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The median sale price of a home sold in 2017 in Pecatonica rose by $5,000 while total sales decreased by 22.2%, according to BlockShopper.com.

From January through December of 2017, there were 63 homes sold, with a median sale price of $125,000 - a 4.2% increase over the $120,000 median sale price for the previous year. There were 81 homes sold in Pecatonica in 2016.

The median sales tax in Pecatonica for 2017 was $3,678. In 2016, the median sales tax was $3,543. This marks an increase of 3.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Pecatonica to other Winnebago County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Owen242114.3%$136,700$124,9009.4%
New Millford813-38.5%$135,500$125,0008.4%
Winnebago7276-5.3%$134,250$131,5002.1%
Cherry Valley2131987.6%$133,000$120,00010.8%
Lake Summerset543745.9%$127,500$156,000-18.3%
Pecatonica6381-22.2%$125,000$120,0004.2%
South Beloit95103-7.8%$119,900$105,00014.2%
Durand2431-22.6%$92,250$100,000-7.8%
Loves Park3253240.3%$89,500$82,5008.5%
Machesney Park40335912.3%$88,000$87,0001.1%
Rockford2,8342,52812.1%$70,000$67,0004.5%

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