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Friday, November 22, 2024

Q2 real estate sales report: Rochester

Realestate2

Median prices rose in Rochester over last year, and are up 9.2 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 21 homes sold in Rochester for a median price of $161,000. That's 11.9 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Rochester.

Median property tax for homeowners in Rochester was $3,138.14 in 2017 according to tax data from that year. That means homeowners pay 2.2 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Rochester real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
17
$147,420
-
2010
28
$198,360
34.6%
2011
20
$152,691
-23%
2012
27
$195,110
27.8%
2013
15
$219,240
12.4%
2014
20
$209,748
-4.3%
2015
19
$159,000
-24.2%
2016
24
$176,138
10.8%
2017
26
$143,815
-18.4%
2018
21
$161,000
11.9%

Median property tax
Median sale price
Effective property tax rate
2009
$3,255.78
$147,420
2.2%
2010
$3,765.83
$198,360
1.9%
2011
$2,869.17
$152,691
1.9%
2012
$3,708.20
$195,110
1.9%
2013
$5,025.58
$219,240
2.3%
2014
$4,028.02
$209,748
1.9%
2015
$3,337.98
$159,000
2.1%
2016
$3,501.59
$176,138
2%
2017
$3,138.14
$143,815
2.2%

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