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Sangamon Sun

Tuesday, November 26, 2024

Rochester home prices rise in August 2018

Realestate2

The median sale price of a home sold in August 2018 in Rochester rose by $63,000 while total sales increased by 7.1%, according to BlockShopper.com.

In August 2018, there were 15 homes sold, with a median sale price of $226,000 - a 38.7% increase over the $163,000 median sale price for the same period of the previous year. There were 14 homes sold in Rochester in August 2017.

The median sales tax in Rochester for the most recent year with available data, 2017, was $3,247, approximately 1.4% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Rochester15147.1%$226,000$163,00038.7%
Cantrall20-$171,000$0-
Williamsville23-33.3%$161,500$169,300-4.6%
Chatham2631-16.1%$150,750$169,000-10.8%
Riverton660%$143,950$91,45057.4%
Pleasant Plains7540%$141,000$43,000227.9%
Dawson34-25%$139,900$146,450-4.5%
Sherman34-25%$139,000$191,750-27.5%
Spaulding23-33.3%$133,000$197,925-32.8%
Pawnee211-81.8%$111,200$98,00013.5%
New Berlin550%$107,000$135,000-20.7%

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