Quantcast

Grundy Reporter

Friday, April 19, 2024

Q4 real estate sales report: Coal City

Re 11

Median prices declined in Coal City over last year, and are down 3.8 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 35 homes sold in Coal City for a median price of $144,000. That's 8.3 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Coal City.

Median property tax for homeowners in Coal City was $3,117.33 in 2017 according to tax data from that year. That means homeowners pay 2 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.

Coal City real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
23
$149,760
-
2010
11
$123,690
-17.4%
2011
15
$155,940
26.1%
2012
16
$139,248
-10.7%
2013
14
$110,700
-20.5%
2014
21
$165,890
49.9%
2015
28
$173,575
4.6%
2016
21
$150,150
-13.5%
2017
30
$157,080
4.6%
2018
35
$144,000
-8.3%

Median property tax
Median sale price
Effective property tax rate
2009
$2,221.05
$149,760
1.5%
2010
$2,170.30
$123,690
1.8%
2011
$2,998.56
$155,940
1.9%
2012
$3,168.60
$139,248
2.3%
2013
$2,771.53
$110,700
2.5%
2014
$3,086.76
$165,890
1.9%
2015
$3,063.30
$173,575
1.8%
2016
$2,932.77
$150,150
2%
2017
$3,117.33
$157,080
2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS