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Sunday, September 29, 2024

Pecatonica home prices fall in December 2017

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The median sale price of a home sold in December 2017 in Pecatonica fell by $50,919 while total sales decreased by 63.6%, according to BlockShopper.com.

In December 2017, there were four homes sold, with a median sale price of $77,582 - a 39.6% decrease over the $128,500 median sale price for the same period of the previous year. There were 11 homes sold in Pecatonica in December 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 4.7%.

The following table compares Pecatonica 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)
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%
Rockford24221015.2%$69,500$62,75010.8%

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