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Monday, November 25, 2024

Rochester home prices rise in November 2018

Re 11

The median sale price of a home sold in November 2018 in Rochester rose by $40,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In November 2018, there were three homes sold, with a median sale price of $196,000 - a 25.6% increase over the $156,000 median sale price for the same period of the previous year. There were three homes sold in Rochester in November 2017, as well.

The median sales tax in Rochester for the most recent year with available data, 2017, was $3,247, approximately 1.7% of the median home sale price for November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Cantrall10-$247,000$0-
Williamsville21100%$210,500$240,000-12.3%
Rochester330%$196,000$156,00025.6%
Dawson220%$181,625$209,000-13.1%
Pleasant Plains73133.3%$170,000$122,00039.3%
Sherman6450%$160,950$166,500-3.3%
Buffalo12-50%$148,900$95,30656.2%
Chatham178112.5%$137,900$170,500-19.1%
New Berlin38-62.5%$135,000$136,250-0.9%
Riverton660%$129,000$100,00029%
Pawnee12-50%$128,000$72,55076.4%

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