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Rockford Sun

Wednesday, November 27, 2024

Durand home prices fall in November 2018

Realestate4

The median sale price of a home sold in November 2018 in Durand fell by $39,750 while total sales increased by 50%, according to BlockShopper.com.

In November 2018, there were three homes sold, with a median sale price of $95,000 - a 29.5% decrease over the $134,750 median sale price for the same period of the previous year. There were two homes sold in Durand in November 2017.

The median sales tax in Durand for the most recent year with available data, 2017, was $2,774, approximately 2.9% of the median home sale price for November 2018.

The following table compares Durand 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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