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Sunday, December 29, 2024

South Beloit home prices fall in November 2019

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The median sale price of a home sold in November 2019 in South Beloit fell by $31,000 while total sales increased by 40%, according to BlockShopper.com.

In November 2019, there were seven homes sold, with a median sale price of $109,000 - a 22.1% decrease over the $140,000 median sale price for the same period of the previous year. There were five homes sold in South Beloit in November 2018.

The median sales tax in South Beloit for the most recent year with available data, 2018, was $2,659, approximately 2.4% of the median home sale price for November 2019.

The following table compares South Beloit to other Winnebago County cities in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Harlem30-$327,000$0-
Roscoe181338.5%$175,250$182,500-4%
Pecatonica330%$162,000$150,0008%
Rockton57-28.6%$160,000$149,9006.7%
Cherry Valley13944.4%$155,000$128,73020.4%
Loves Park161414.3%$149,000$87,50070.3%
Lake Summerset13-66.7%$119,000$177,900-33.1%
Machesney Park191346.2%$115,000$127,000-9.4%
South Beloit7540%$109,000$140,000-22.1%
Rockford104115-9.6%$86,625$85,0001.9%
Durand13-66.7%$82,000$95,000-13.7%
Owen01-100%$0$190,000-100%
New Millford00-$0$0-
Winnebago02-100%$0$163,200-100%

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