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Sunday, September 29, 2024

Winnebago home prices fall in December 2017

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The median sale price of a home sold in December 2017 in Winnebago fell by $9,000 while total sales decreased by 54.5%, according to BlockShopper.com.

In December 2017, there were five homes sold, with a median sale price of $120,000 - a 7% decrease over the $129,000 median sale price for the same period of the previous year. There were 11 homes sold in Winnebago in December 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 3.4%.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Harlem6520%$175,350$167,6204.6%
Rockton12119.1%$150,000$155,000-3.2%
Cherry Valley171421.4%$139,900$121,75014.9%
Lake Summerset51400%$136,000$222,000-38.7%
Owen31200%$134,900$99,00036.3%
Winnebago511-54.5%$120,000$129,000-7%
Durand330%$106,000$85,00024.7%
Machesney Park252025%$93,000$81,00014.8%
Loves Park2731-12.9%$88,500$105,000-15.7%
South Beloit411-63.6%$80,000$85,000-5.9%
Pecatonica411-63.6%$77,581.50$128,500-39.6%

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