Grundy Reporter

Grundy Reporter

Thursday, October 17, 2019

Q1 real estate sales report: South Wilmington

Real Estate

By Local Labs News Service | Jul 6, 2018


Median prices declined in South Wilmington over last year, and are up 15.6 percent over 9 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 3 homes sold in South Wilmington for a median price of $145,000. That's 7.7 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in South Wilmington.

Median property tax for homeowners in South Wilmington was $0 in 2017 according to tax data from that year. That means homeowners pay 0 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

South Wilmington real estate: Q1 2010-2018
Properties sold
Median sale price
Change in sale price
2010
3
$125,400
-
2011
1
$180,800
44.2%
2012
1
$114,450
-36.7%
2013
2
$45,090
-60.6%
2014
1
$50,350
11.7%
2016
2
$150,938
199.8%
2017
3
$157,080
4.1%
2018
3
$145,000
-7.7%

Median property tax
Median sale price
Effective property tax rate
2010
$2,158.36
$125,400
1.7%
2011
$4,407.24
$180,800
2.4%
2012
$3,176.45
$114,450
2.8%
2013
$2,784.35
$45,090
6.2%
2014
$2,064.32
$50,350
4.1%
2016
$3,557.55
$150,938
2.4%
2017
$0
$157,080
0%

Want to get notified whenever we write about Grundy County Clerk and Recorder ?

Sign-up Next time we write about Grundy County Clerk and Recorder, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Grundy County Clerk and Recorder

More News