Rochelle's October First-Time Homebuyer Report

The population of Rochelle is shrinking slower than the rest of Illinois, at a 10-year growth rate of -0.5%. It's a larger than average city compared to the rest of the state, with 9,574 residents. Rochelle is made up of homes that are considered older than most with a median of 46 years. The best school in the city is May Elementary School.

Culture

If you are interested in some outdoor fun, Foursquare says that Rochelle Railroad Park and Fairways Public Golf Course are the most popular places in Rochelle. If you're looking for a good dining experience, some favorites are Iron Skillet, Abraham's Bar & Grille, and Subway. You could also check out the popular Comfort Inn & Suites for a drink.

Price Range

Homes in Rochelle are worth a median of $93,100, similar to other parts of Illinois. Additionally, the list prices of available homes is currently at an average of $117,016.

Make sure you take a look at these eye-catching homes in Rochelle that generated the most views from potential buyers:

$123K   $189K   $139K  

Typical Dwelling

A three-bedroom detached home valued around $121,030 is considered a typical dwelling in Rochelle. If a buyer was looking for a similar home, they would need good credit and a $24,206 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $747 and the property tax rate is $17.13 per $1,000 of taxable assessed value.

Get started right now by checking out Rochelle homes for sale or reviewing Rochelle real estate trends.


Data reported through 10/13/2016

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