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Friday, April 19, 2024

Q3 real estate sales report: Swansea

Realestate2

Median prices declined in Swansea over last year, and are down 15.6 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 65 homes sold in Swansea for a median price of $162,000. That's 5.3 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Swansea.

Median property tax for homeowners in Swansea was $4,333.48 in 2016 according to tax data from that year. That means homeowners pay 2.3 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.

Swansea real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
55
$191,880
-
2010
67
$208,050
8.4%
2011
66
$196,338
-5.6%
2012
53
$174,400
-11.2%
2013
65
$172,800
-0.9%
2014
70
$168,805
-2.3%
2015
56
$204,580
21.2%
2016
55
$189,000
-7.6%
2017
66
$171,105
-9.5%
2018
65
$162,000
-5.3%

Median property tax
Median sale price
Effective property tax rate
2012
$2,796.26
$174,400
1.6%
2013
$3,309.78
$172,800
1.9%
2014
$3,335.19
$168,805
2%
2015
$4,526.25
$204,580
2.2%
2016
$4,333.47
$189,000
2.3%

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