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Saturday, April 20, 2024

Q2 real estate sales report: Highland

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Median prices declined in Highland over last year, and are down 33.5 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 47 homes sold in Highland for a median price of $116,000. That's 18.3 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Highland was $3,146.70 in 2017 according to tax data from that year. That means homeowners pay 2.2 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.

Highland real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
71
$174,330
-
2010
70
$152,190
-12.7%
2011
61
$166,110
9.1%
2012
48
$125,841
-24.2%
2013
60
$158,220
25.7%
2014
71
$131,440
-16.9%
2015
71
$143,100
8.9%
2016
91
$164,850
15.2%
2017
64
$142,035
-13.8%
2018
47
$116,000
-18.3%

Median property tax
Median sale price
Effective property tax rate
2009
$3,645.01
$174,330
2.1%
2010
$2,833.40
$152,190
1.9%
2011
$3,728.27
$166,110
2.2%
2012
$2,501.07
$125,841
2%
2013
$3,529
$158,220
2.2%
2014
$2,899.05
$131,440
2.2%
2015
$3,390.64
$143,100
2.4%
2016
$3,787.93
$164,850
2.3%
2017
$3,146.70
$142,035
2.2%

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