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Rockford Sun

Tuesday, November 26, 2024

Owen home prices fall in October 2018

Re 12

The median sale price of a home sold in October 2018 in Owen fell by $21,750 while total sales increased by 50%, according to BlockShopper.com.

In October 2018, there were three homes sold, with a median sale price of $123,500 - a 15% decrease over the $145,250 median sale price for the same period of the previous year. There were two homes sold in Owen in October 2017.

The median sales tax in Owen for the most recent year with available data, 2017, was $3,664, approximately 3% of the median home sale price for October 2018.

The following table compares Owen to other Winnebago County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Roscoe1727-37%$175,000$168,5003.9%
South Beloit612-50%$169,500$119,37542%
Pecatonica7616.7%$149,900$92,45062.1%
Lake Summerset24-50%$128,700$129,500-0.6%
Cherry Valley1028-64.3%$128,000$128,0000%
Owen3250%$123,500$145,250-15%
Winnebago211-81.8%$121,500$116,0004.7%
Rockton621-71.4%$118,750$148,000-19.8%
Loves Park1926-26.9%$87,900$96,500-8.9%
Durand110%$80,000$90,000-11.1%
Machesney Park2346-50%$77,000$76,7000.4%

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