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Grundy Reporter

Thursday, April 18, 2024

Q4 real estate sales report: Lisbon North

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Median prices declined in Lisbon North over last year, and are down 4.4 percent over 8 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 2 homes sold in Lisbon North for a median price of $199,950. That's 29.5 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Lisbon North.

Median property tax for homeowners in Lisbon North was $6,009.10 in 2017 according to tax data from that year. That means homeowners pay 2.1 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Lisbon North real estate: Q4 2011-2018
Properties sold
Median sale price
Change in sale price
2011
1
$209,050
-
2012
2
$218,273
4.4%
2013
1
$204,660
-6.2%
2014
2
$267,650
30.8%
2017
4
$283,560
5.9%
2018
2
$199,950
-29.5%

Median property tax
Median sale price
Effective property tax rate
2011
$4,756.57
$209,050
2.3%
2012
$2,532.94
$218,273
1.2%
2013
$920.70
$204,660
0.4%
2014
$5,515.28
$267,650
2.1%
2017
$6,009.09
$283,560
2.1%

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