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Monday, December 23, 2024

Winnebago home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Winnebago fell by $39,900 while total sales decreased by 28.6%, according to BlockShopper.com.

In May 2017, there were five homes sold, with a median sale price of $140,000 - a 22.2% decrease over the $179,900 median sale price for the same period of the previous year. There were seven homes sold in Winnebago in May 2016.

The median sales tax in Winnebago for 2017 was $4,115. In 2016, the median sales tax was $4,276. This marks an decrease 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 Winnebago to other Winnebago County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Harlem5425%$215,000$188,75013.9%
Roscoe3640-10%$168,000$140,50019.6%
Owen31200%$165,000$143,00015.4%
New Millford110%$164,000$110,00049.1%
Winnebago57-28.6%$140,000$179,900-22.2%
Rockton171513.3%$138,000$140,000-1.4%
Lake Summerset35-40%$135,000$156,000-13.5%
Pecatonica59-44.4%$134,900$113,00019.4%
Cherry Valley2810180%$134,450$120,33011.7%
Loves Park373119.4%$118,000$87,47234.9%
South Beloit8714.3%$114,000$121,500-6.2%

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