Rochelle, Illinois, is a charming small city in Ogle County, known as the "Hub City" due to its strategic location at the intersection of major rail lines and highways, including Interstates 39 and 88. With a population of around 9,000, Rochelle offers a blend of historical significance and modern amenities, featuring a vibrant downtown with unique shops, restaurants, and the historic Hub Theater. The city is home to the Rochelle Railroad Park, a popular spot for train enthusiasts to watch freight trains pass through, reflecting its deep railroad heritage. Rochelle also boasts a strong community spirit, with events like the Lincoln Highway Heritage Festival, and provides access to outdoor recreation through parks and nearby natural areas, making it a welcoming place for residents and visitors alike.
Rochelle currently has 23 single family homes for sale with an average list price of $289,404.35, 3 condos for sale with an average list price of $159,966.67, and 22 lots for sale with an average list price of $461,369.91. The average annual property tax for Rochelle is $3,414.14.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Rochelle, i.e. what's hot and what's not.
See What's Hot & What's Not in RochelleRochelle home sales for the month of June rose in volume by 71.4% when compared to last year, while the median sale price rose by 32% from $215,000 to $283,750. House sales rose by 71.4%, while the median sale price rose by 32% from $215,000 to $283,750.
176
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144
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114
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103
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2021 | 2022 | 2023 | 2024 |
# of sales per year |
$151,750
|
$155,450
|
$175,000
|
$200,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |