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Saturday, November 23, 2024

Q1 real estate sales report: Brighton

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Median prices rose in Brighton over last year, and are up 33.7 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 12 homes sold in Brighton for a median price of $75,000. That's 9.8 percent higher than median home sale prices for the first quarter of 2017.

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

Median property tax for homeowners in Brighton was $1,097.59 in 2017 according to tax data from that year. That means homeowners pay 1.6 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.

Brighton real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
4
$56,102
-
2010
5
$132,810
136.7%
2011
5
$67,037
-49.5%
2012
2
$166,770
148.8%
2013
3
$108,000
-35.2%
2014
8
$87,450
-19%
2015
4
$72,610
-17%
2016
7
$105,000
44.6%
2017
6
$68,289
-35%
2018
12
$75,000
9.8%

Median property tax
Median sale price
Effective property tax rate
2016
$1,898.10
$105,000
1.8%
2017
$1,097.59
$68,289
1.6%

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