From January to March, 136 homes sold in Granite City for a median price of $50,000. That's 11.4 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Granite City.
Median property tax for homeowners in Granite City was $1,875.13 in 2017 according to tax data from that year. That means homeowners pay 4.2 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.
Granite City real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
113
$59,810
-
2010
118
$58,545
-2.1%
2011
85
$57,630
-1.6%
2012
110
$59,678
3.6%
2013
113
$51,301
-14%
2014
120
$50,615
-1.3%
2015
118
$40,188
-20.6%
2016
136
$54,075
34.6%
2017
161
$44,880
-17%
2018
136
$50,000
11.4%
Median property tax
Median sale price
Effective property tax rate
2009
$1,474.05
$59,810
2.5%
2010
$1,316.60
$58,545
2.2%
2011
$1,527.03
$57,630
2.6%
2012
$1,425
$59,678
2.4%
2013
$1,294.63
$51,301
2.5%
2014
$1,385.88
$50,615
2.7%
2015
$1,616.73
$40,188
4%
2016
$1,655.22
$54,075
3.1%
2017
$1,875.12
$44,880
4.2%
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