From January through December of 2017, there were 98 homes sold, with a median sale price of $150,000 - a 9.9% decrease over the $166,500 median sale price for the previous year. There were 84 homes sold in Rochester in 2016.
The median sales tax in Rochester for 2017 was $3,247. In 2016, the median sales tax was $3,394. This marks an decrease of 4.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.
The following table compares Rochester to other Sangamon County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Sherman | 59 | 72 | -18.1% | $182,000 | $179,750 | 1.3% |
Chatham | 241 | 230 | 4.8% | $160,000 | $165,940 | -3.6% |
Rochester | 98 | 84 | 16.7% | $150,000 | $166,500 | -9.9% |
Williamsville | 29 | 26 | 11.5% | $144,000 | $157,000 | -8.3% |
Dawson | 24 | 18 | 33.3% | $141,700 | $147,700 | -4.1% |
Spaulding | 13 | 12 | 8.3% | $140,000 | $145,000 | -3.4% |
Cantrall | 10 | 4 | 150% | $125,950 | $200,000 | -37% |
New Berlin | 63 | 41 | 53.7% | $120,000 | $137,500 | -12.7% |
Riverton | 63 | 61 | 3.3% | $119,900 | $116,000 | 3.4% |
Loami | 17 | 11 | 54.5% | $116,000 | $65,500 | 77.1% |
Auburn | 96 | 80 | 20% | $115,750 | $102,625 | 12.8% |