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Friday, November 22, 2024

Q2 real estate sales report: East St. Louis

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Median prices rose in East St. Louis over last year, and are down 41.1 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 13 homes sold in East St. Louis for a median price of $10,000. That's 3.2 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in East St. Louis.

Median property tax for homeowners in East St. Louis was $1,132.22 in 2016 according to tax data from that year. That means homeowners pay 10.8 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.

East St. Louis real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
28
$16,965
-
2010
24
$9,120
-46.2%
2011
17
$10,170
11.5%
2012
27
$10,355
1.8%
2013
32
$13,230
27.8%
2014
17
$6,360
-51.9%
2015
21
$21,200
233.3%
2016
27
$10,500
-50.5%
2017
32
$9,690
-7.7%
2018
13
$10,000
3.2%

Median property tax
Median sale price
Effective property tax rate
2012
$1,138.61
$10,355
11%
2013
$1,098.18
$13,230
8.3%
2014
$1,196.37
$6,360
18.8%
2015
$1,459.83
$21,200
6.9%
2016
$1,132.21
$10,500
10.8%

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