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Rockford Sun

Tuesday, November 26, 2024

Rockton home prices fall in October 2018

Re 1

The median sale price of a home sold in October 2018 in Rockton fell by $29,250 while total sales decreased by 71.4%, according to BlockShopper.com.

In October 2018, there were six homes sold, with a median sale price of $118,750 - a 19.8% decrease over the $148,000 median sale price for the same period of the previous year. There were 21 homes sold in Rockton in October 2017.

The median sales tax in Rockton for the most recent year with available data, 2017, was $4,114, approximately 3.5% of the median home sale price for October 2018.

The following table compares Rockton 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)
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%
Rockford142251-43.4%$69,500$75,000-7.3%

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