In November 2020, there were seven homes sold, with a median sale price of $160,000 - a 46.8% increase over the $109,000 median sale price for the same period of the previous year. There were seven homes sold in South Beloit in November 2019, as well.
The median sales tax in South Beloit for the most recent year with available data, 2018, was $2,659, approximately 1.7% of the median home sale price for November 2020.
The following table compares South Beloit to other Winnebago County cities with similar median sale prices in November 2020:
City | Nov. 2020 Home Sales | Nov. 2019 Home Sales | % change (Total Home Sales) | Nov. 2020 Median Sales Price | Nov. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Roscoe | 19 | 19 | 0% | $230,000 | $187,500 | 22.7% |
Lake Summerset | 1 | 1 | 0% | $205,000 | $119,000 | 72.3% |
Harlem | 3 | 3 | 0% | $180,000 | $327,000 | -45% |
Rockton | 10 | 5 | 100% | $177,000 | $160,000 | 10.6% |
South Beloit | 7 | 7 | 0% | $160,000 | $109,000 | 46.8% |
Owen | 1 | 0 | - | $160,000 | $0 | - |
Cherry Valley | 11 | 13 | -15.4% | $159,900 | $155,000 | 3.2% |
New Millford | 4 | 0 | - | $151,000 | $0 | - |
Durand | 2 | 1 | 100% | $124,750 | $82,000 | 52.1% |
Pecatonica | 3 | 3 | 0% | $120,000 | $162,000 | -25.9% |
Rockford | 140 | 104 | 34.6% | $119,950 | $86,625 | 38.5% |