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Tuesday, November 5, 2024

Q2 real estate sales report: Wood River

Realestate4

Median prices rose in Wood River over last year, and are down 6 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 51 homes sold in Wood River for a median price of $77,000. That's 10.2 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Wood River.

Median property tax for homeowners in Wood River was $1,752.09 in 2017 according to tax data from that year. That means homeowners pay 2.5 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.

Wood River real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
48
$81,900
-
2010
47
$70,680
-13.7%
2011
48
$83,620
18.3%
2012
36
$69,760
-16.6%
2013
39
$77,760
11.5%
2014
48
$71,020
-8.7%
2015
64
$68,900
-3%
2016
51
$68,250
-0.9%
2017
61
$69,870
2.4%
2018
51
$77,000
10.2%

Median property tax
Median sale price
Effective property tax rate
2009
$2,043.47
$81,900
2.5%
2010
$1,792.45
$70,680
2.5%
2011
$1,797.34
$83,620
2.1%
2012
$1,328.79
$69,760
1.9%
2013
$1,999.53
$77,760
2.6%
2014
$1,801.05
$71,020
2.5%
2015
$1,850.61
$68,900
2.7%
2016
$1,487.09
$68,250
2.2%
2017
$1,752.09
$69,870
2.5%

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