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Rockford Sun

Tuesday, November 26, 2024

South Beloit home prices rise in April 2019

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The median sale price of a home sold in April 2019 in South Beloit rose by $70,910 while total sales decreased by 50%, according to BlockShopper.com.

In April 2019, there were three homes sold, with a median sale price of $145,500 - a 95.1% increase over the $74,590 median sale price for the same period of the previous year. There were six homes sold in South Beloit in April 2018.

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 April 2019.

The following table compares South Beloit to other Winnebago County cities with similar median sales prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Pecatonica25-60%$213,450$123,00073.5%
Winnebago15-80%$213,000$150,00042%
Roscoe1031-67.7%$164,500$150,0009.7%
New Millford10-$162,500$0-
South Beloit36-50%$145,500$74,59095.1%
Lake Summerset330%$134,000$210,000-36.2%
Rockton620-70%$131,500$143,000-8%
Owen21100%$127,750$118,0008.3%
Cherry Valley514-64.3%$120,000$115,0004.3%
Loves Park617-64.7%$96,950$90,0007.7%
Machesney Park1729-41.4%$96,500$122,900-21.5%

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