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Thursday, April 25, 2024

Q2 real estate sales report: State Park Place

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Median prices rose in State Park Place over last year, and are up 262.6 percent over 9 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 5 homes sold in State Park Place for a median price of $31,000. That's 279.9 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in State Park Place.

Median property tax for homeowners in State Park Place was $346.96 in 2017 according to tax data from that year. That means homeowners pay 4.3 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

State Park Place real estate: Q2 2010-2018
Properties sold
Median sale price
Change in sale price
2010
2
$8,550
-
2011
2
$9,888
15.6%
2013
2
$55,620
462.5%
2014
2
$11,395
-79.5%
2015
1
$33,920
197.7%
2016
1
$70,875
108.9%
2017
1
$8,160
-88.5%
2018
5
$31,000
279.9%

Median property tax
Median sale price
Effective property tax rate
2010
$146.33
$8,550
1.7%
2011
$296.69
$9,888
3%
2013
$1,194.09
$55,620
2.1%
2014
$390.20
$11,395
3.4%
2015
$1,083.78
$33,920
3.2%
2016
$1,931.11
$70,875
2.7%
2017
$346.96
$8,160
4.3%

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