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Thursday, April 25, 2024

Q1 real estate sales report: Glen Carbon

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Median prices declined in Glen Carbon over last year, and are down 7.9 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 39 homes sold in Glen Carbon for a median price of $194,000. That's 0.4 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Glen Carbon.

Median property tax for homeowners in Glen Carbon was $4,421.86 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.

Glen Carbon real estate: Q1 2009-2018

Properties sold
Median sale price
Change in sale price
2009
41
$210,600
-
2010
32
$153,045
-27.3%
2011
39
$200,010
30.7%
2012
32
$201,596
0.8%
2013
53
$169,560
-15.9%
2014
44
$193,450
14.1%
2015
40
$231,875
19.9%
2016
40
$186,113
-19.7%
2017
57
$194,820
4.7%
2018
39
$194,000
-0.4%

Median property tax
Median sale price
Effective property tax rate
2009
$4,491.63
$210,600
2.1%
2010
$3,392.20
$153,045
2.2%
2011
$4,390.95
$200,010
2.2%
2012
$4,158.04
$201,596
2.1%
2013
$4,046.76
$169,560
2.4%
2014
$4,134.74
$193,450
2.1%
2015
$5,763.68
$231,875
2.5%
2016
$3,956
$186,113
2.1%
2017
$4,421.86
$194,820
2.3%

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