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Rockford Sun

Monday, December 23, 2024

Winnebago County home prices rose in Q1

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The median sale price of a home sold in the first quarter of 2023 in Winnebago County rose by $12,000 while total sales decreased by 33.1%.

From January through March of 2023, there were 691 homes sold, with a median sale price of $127,000 - a 10.4% increase over the $115,000 median sale price for the same period of the previous year. There were 1,033 homes sold in Winnebago County in the first quarter of 2022.

The median sales tax in Winnebago County for the most recent year with available data, 2019, was $2,934 approximately 2.3% of the median home sale price for the first quarter of 2023.

The following histogram displays changes in median sales prices in Winnebago County from January 2022 to March 2023.

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023$115000$115000$130000$130000$143000$143000$130000$130000$127000$127000

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