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Sunday, November 24, 2024

Q3 real estate sales report: East Alton

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Median prices declined in East Alton over last year, and are down 19.6 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 29 homes sold in East Alton for a median price of $55,000. That's 28.3 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in East Alton.

Median property tax for homeowners in East Alton was $1,883.33 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.

East Alton real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
14
$68,445
-
2010
18
$68,400
-0.1%
2011
23
$32,770
-52.1%
2012
16
$76,845
134.5%
2013
22
$42,120
-45.2%
2014
17
$62,540
48.5%
2015
29
$65,720
5.1%
2016
31
$67,725
3.1%
2017
21
$76,704
13.3%
2018
29
$55,000
-28.3%

Median property tax
Median sale price
Effective property tax rate
2009
$1,582.38
$68,445
2.3%
2010
$1,921.23
$68,400
2.8%
2011
$1,504.21
$32,770
4.6%
2012
$1,840.85
$76,845
2.4%
2013
$1,578.18
$42,120
3.7%
2014
$2,135.13
$62,540
3.4%
2015
$47.65
$65,720
0.1%
2016
$2,007.51
$67,725
3%
2017
$1,883.32
$76,704
2.5%

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