Quantcast

Metro East Sun

Wednesday, December 25, 2024

Q1 real estate sales report: Troy

Realestate5

Median prices declined in Troy over last year, and are up 5.1 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 36 homes sold in Troy for a median price of $149,950. That's 9.4 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Troy.

Median property tax for homeowners in Troy was $3,850.15 in 2017 according to tax data from that year. That means homeowners pay 2.3 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.

Troy real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
27
$142,740
-
2010
39
$170,886
19.7%
2011
34
$163,850
-4.1%
2012
22
$159,685
-2.5%
2013
46
$135,264
-15.3%
2014
37
$172,780
27.7%
2015
39
$170,660
-1.2%
2016
38
$166,950
-2.2%
2017
44
$165,495
-0.9%
2018
36
$149,950
-9.4%

Median property tax
Median sale price
Effective property tax rate
2009
$3,185.91
$142,740
2.2%
2010
$3,639.67
$170,886
2.1%
2011
$3,659.52
$163,850
2.2%
2012
$2,893.07
$159,685
1.8%
2013
$2,630.38
$135,264
1.9%
2014
$3,376.35
$172,780
2%
2015
$4,174.44
$170,660
2.4%
2016
$3,851.19
$166,950
2.3%
2017
$3,850.15
$165,495
2.3%

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