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Friday, April 26, 2024

Q3 real estate sales report: East St. Louis

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Median prices rose in East St. Louis over last year, and are up 18.6 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 26 homes sold in East St. Louis for a median price of $10,750. That's 5.4 percent higher than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in East St. Louis was $1,590.40 in 2016 according to tax data from that year. That means homeowners pay 12.9 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
30
$9,068
-
2010
24
$6,555
-27.7%
2011
22
$13,843
111.2%
2012
26
$8,993
-35%
2013
28
$13,230
47.1%
2014
14
$8,745
-33.9%
2015
25
$12,720
45.5%
2016
24
$12,338
-3%
2017
22
$10,200
-17.3%
2018
26
$10,750
5.4%

Median property tax
Median sale price
Effective property tax rate
2012
$745.37
$8,993
8.3%
2013
$945.68
$13,230
7.1%
2014
$898.55
$8,745
10.3%
2015
$1,156.48
$12,720
9.1%
2016
$1,590.40
$12,338
12.9%

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