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Saturday, November 23, 2024

Pecatonica home prices rise in March 2017

Realestate4

The median sale price of a home sold in March 2017 in Pecatonica rose by $6,500 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In March 2017, there were five homes sold, with a median sale price of $95,500 - a 7.3% increase over the $89,000 median sale price for the same period of the previous year. There were five homes sold in Pecatonica in March 2016, as well.

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 3.9%.

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

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Durand12-50%$147,500$59,750146.9%
Winnebago56-16.7%$145,000$121,76019.1%
Rockton1519-21.1%$140,000$164,500-14.9%
Lake Summerset94125%$120,000$179,750-33.2%
South Beloit69-33.3%$110,450$121,000-8.7%
Cherry Valley181612.5%$101,500$110,800-8.4%
Pecatonica550%$95,500$89,0007.3%
Machesney Park29283.6%$86,500$93,250-7.2%
New Millford110%$80,000$117,000-31.6%
Loves Park2531-19.4%$73,000$65,00012.3%
Rockford221249-11.2%$58,000$60,000-3.3%

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