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Monday, November 25, 2024

Rochester home prices fall in January 2018

Realestate4

The median sale price of a home sold in January 2018 in Rochester fell by $33,000 while total sales decreased by 50%, according to BlockShopper.com.

In January 2018, there were three homes sold, with a median sale price of $154,000 - a 17.6% decrease over the $187,000 median sale price for the same period of the previous year. There were six homes sold in Rochester in January 2017.

The median sales tax in Rochester for the most recent year with available data, 2017, was $3,247, approximately 2.1% of the median home sale price for January 2018.

The following table compares Rochester to other Sangamon County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Williamsville220%$179,950$138,00030.4%
Rochester36-50%$154,000$187,000-17.6%
Sherman5366.7%$153,000$201,335-24%
Riverton73133.3%$143,000$78,00083.3%
Chatham1115-26.7%$143,000$137,5004%
Auburn26-66.7%$142,500$121,700.6317.1%
Mechanicsburg110%$133,000$83,00060.2%
Spaulding10-$127,800$0-
Divernon10-$126,254.04$0-
Dawson21100%$120,000$35,609237%
Southern View30-$104,900$0-

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