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Rockford Sun

Tuesday, December 24, 2024

Durand home prices fall in June 2017

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The median sale price of a home sold in June 2017 in Durand fell by $35,850 while total sales decreased by 25%, according to BlockShopper.com.

In June 2017, there were three homes sold, with a median sale price of $84,900 - a 29.7% decrease over the $120,750 median sale price for the same period of the previous year. There were four homes sold in Durand in June 2016.

The median sales tax in Durand for 2017 was $2,774. In 2016, the median sales tax was $2,918. This marks an decrease of 4.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.3%.

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

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Owen220%$147,500$112,25031.4%
New Millford13-66.7%$139,000$135,0003%
Pecatonica11922.2%$134,900$168,000-19.7%
Cherry Valley2225-12%$134,450.50$119,90012.1%
Lake Summerset42100%$131,250$122,0007.6%
South Beloit11837.5%$130,000$112,75015.3%
Winnebago770%$116,500$132,500-12.1%
Loves Park3132-3.1%$98,000$74,95030.8%
Machesney Park4142-2.4%$95,000$90,0505.5%
Durand34-25%$84,900$120,750-29.7%
Rockford29124120.7%$80,000$75,0006.7%

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