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Rockford Sun

Wednesday, November 27, 2024

South Beloit home prices rise in November 2018

Realestate3

The median sale price of a home sold in November 2018 in South Beloit rose by $65,100 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In November 2018, there were five homes sold, with a median sale price of $140,000 - a 86.9% increase over the $74,900 median sale price for the same period of the previous year. There were five homes sold in South Beloit in November 2017, as well.

The median sales tax in South Beloit for the most recent year with available data, 2017, was $2,693, approximately 1.9% of the median home sale price for November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Roscoe1322-40.9%$182,500$189,000-3.4%
Lake Summerset31200%$177,900$93,00091.3%
Winnebago23-33.3%$163,200$158,0003.3%
Pecatonica330%$150,000$172,303-12.9%
Rockton712-41.7%$149,900$130,45014.9%
South Beloit550%$140,000$74,90086.9%
Cherry Valley912-25%$128,730$159,250-19.2%
Machesney Park1330-56.7%$127,000$81,25056.3%
Durand3250%$95,000$134,750-29.5%
Loves Park1429-51.7%$87,500$91,500-4.4%
Rockford115220-47.7%$85,000$70,50020.6%

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