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Rockford Sun

Wednesday, November 27, 2024

South Beloit home prices rise in April 2018

Realestate4

The median sale price of a home sold in April 2018 in South Beloit rose by $4,765 while total sales increased by 20%, according to BlockShopper.com.

In April 2018, there were six homes sold, with a median sale price of $74,590 - a 6.8% increase over the $69,825 median sale price for the same period of the previous year. There were five homes sold in South Beloit in April 2017.

The median sales tax in South Beloit for the most recent year with available data, 2017, was $2,693, approximately 3.6% of the median home sale price for April 2018.

The following table compares South Beloit to other Winnebago County cities with similar median sales prices in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Winnebago52150%$150,000$138,7508.1%
Roscoe3135-11.4%$150,000$168,000-10.7%
Durand20-$145,000$0-
Rockton201625%$143,000$135,2005.8%
Pecatonica5366.7%$123,000$202,500-39.3%
Machesney Park2931-6.5%$122,900$93,00032.2%
Owen12-50%$118,000$111,4505.9%
Cherry Valley14137.7%$115,000$135,000-14.8%
Loves Park1726-34.6%$90,000$91,500-1.6%
Rockford24221711.5%$82,750$72,50014.1%
South Beloit6520%$74,590$69,8256.8%

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