In January 2022, there were six homes sold, with a median sale price of $179,750 - a 124.7% increase over the $80,000 median sale price for the same period of the previous year. There were seven homes sold in South Beloit in January 2021.
The median sales tax in South Beloit for the most recent year with available data, 2019, was $2,654, approximately 1.5% of the median home sale price for January 2022.
The following table compares South Beloit to other Winnebago County cities with similar median sale prices in January 2022:
| City | Jan. 2022 Home Sales | Jan. 2021 Home Sales | % change (Total Home Sales) | Jan. 2022 Median Sales Price | Jan. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Harlem | 5 | 5 | 0% | $260,000 | $172,500 | 50.7% |
| Roscoe | 11 | 12 | -8.3% | $225,000 | $266,250 | -15.5% |
| Lake Summerset | 1 | 2 | -50% | $186,500 | $235,500 | -20.8% |
| South Beloit | 6 | 7 | -14.3% | $179,750 | $80,000 | 124.7% |
| Rockton | 6 | 8 | -25% | $179,000 | $178,500 | 0.3% |
| Owen | 1 | 2 | -50% | $170,000 | $123,500 | 37.7% |
| Cherry Valley | 5 | 16 | -68.8% | $150,500 | $174,950 | -14% |
| Winnebago | 5 | 3 | 66.7% | $145,000 | $191,000 | -24.1% |
| Pecatonica | 4 | 4 | 0% | $132,000 | $255,000 | -48.2% |
| Machesney Park | 33 | 24 | 37.5% | $125,000 | $135,000 | -7.4% |
| Loves Park | 25 | 19 | 31.6% | $124,000 | $113,500 | 9.3% |
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