Prophetstown home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Prophetstown rose by $9,706 while total sales increased by 100%, according to BlockShopper.com.

From July through September of 2020, there were 14 homes sold, with a median sale price of $109,706 - a 9.7% increase over the $100,000 median sale price for the same period of the previous year. There were seven homes sold in Prophetstown in the third quarter of 2019.

The median sales tax in Prophetstown for the most recent year with available data, 2018, was $1,998, approximately 1.8% of the median home sale price for the third quarter of 2020.

The following table compares Prophetstown to other Whiteside County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Erie141040%$115,250$137,000-15.9%
Prophetstown147100%$109,705.50$100,0009.7%
Como20-$109,450$0-
Fulton392277.3%$105,000$79,25032.5%
Sterling98110-10.9%$102,000$89,95013.4%
Morrison443622.2%$91,750$114,250-19.7%
Albany880%$89,750$102,500-12.4%
Grimes Addition21100%$82,250$72,50013.4%
Yeoward Addition220%$79,500$50,95056%
Rock Falls886927.5%$75,000$84,500-11.2%
Lyndon63100%$75,000$35,500111.3%

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