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Friday, April 19, 2024

Rochester home prices fall in January 2019

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The median sale price of a home sold in January 2019 in Rochester fell by $31,750 while total sales increased by 166.7%, according to BlockShopper.com.

In January 2019, there were eight homes sold, with a median sale price of $122,250 - a 20.6% decrease over the $154,000 median sale price for the same period of the previous year. There were three homes sold in Rochester in January 2018.

The median sales tax in Rochester for the most recent year with available data, 2017, was $3,247, approximately 2.7% of the median home sale price for January 2019.

The following table compares Rochester to other Sangamon County cities with similar median sales prices in January 2019:

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Williamsville220%$235,006$179,95030.6%
Sherman45-20%$171,200$153,00011.9%
Spaulding21100%$148,200$127,80016%
Dawson12-50%$130,000$120,0008.3%
Rochester83166.7%$122,250$154,000-20.6%
Chatham171154.5%$120,000$143,000-16.1%
Auburn220%$114,500$142,500-19.6%
Pawnee50-$96,900$0-
Illiopolis220%$85,950$44,30094%
New Berlin12-50%$85,000$77,6009.5%
Southern View23-33.3%$74,500$104,900-29%

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