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Saturday, April 20, 2024

Q2 real estate sales report: Marine

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Median prices rose in Marine over last year, and are up 6.7 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 4 homes sold in Marine for a median price of $181,000. That's 3.6 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Marine.

Median property tax for homeowners in Marine was $3,613.92 in 2017 according to tax data from that year. That means homeowners pay 2.1 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.

Marine real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
8
$169,650
-
2010
4
$222,870
31.4%
2011
4
$84,185
-62.2%
2012
2
$184,210
118.8%
2013
7
$91,800
-50.2%
2014
5
$228,960
149.4%
2015
3
$230,020
0.5%
2016
7
$141,750
-38.4%
2017
4
$174,675
23.2%
2018
4
$181,000
3.6%

Median property tax
Median sale price
Effective property tax rate
2009
$3,022.78
$169,650
1.8%
2010
$3,987.99
$222,870
1.8%
2011
$1,316.96
$84,185
1.6%
2012
$4,105.39
$184,210
2.2%
2013
$2,077.70
$91,800
2.3%
2014
$2,211.49
$228,960
1%
2015
$3,968.68
$230,020
1.7%
2016
$3,632.70
$141,750
2.6%
2017
$3,613.92
$174,675
2.1%

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