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Friday, August 1, 2025

Q1 real estate sales report: Belleville

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Median prices rose in Belleville over last year, and are down 71.2 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 229 homes sold in Belleville for a median price of $88,000. That's 12.8 percent higher than median home sale prices for the first quarter of 2017.

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

Median property tax for homeowners in Belleville was $2,758.33 in 2016 according to tax data from that year. That means homeowners pay 3.3 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.

Belleville real estate: Q1 2009-2018

Properties sold
Median sale price
Change in sale price
2009
165
$305,370
-
2010
180
$100,320
-67.1%
2011
144
$90,400
-9.9%
2012
165
$78,480
-13.2%
2013
172
$77,760
-0.9%
2014
163
$84,800
9.1%
2015
193
$89,040
5%
2016
222
$84,000
-5.7%
2017
244
$78,030
-7.1%
2018
229
$88,000
12.8%

Median property tax
Median sale price
Effective property tax rate
2012
$2,295.33
$78,480
2.9%
2013
$2,571.04
$77,760
3.3%
2014
$2,515.76
$84,800
3%
2015
$2,677.94
$89,040
3%
2016
$2,758.32
$84,000
3.3%

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