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Sunday, November 24, 2024

Q4 real estate sales report: State Park Place

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Median prices declined in State Park Place over last year, and are down 49 percent over 7 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 1 home sold in State Park Place for a price of $10,000. That's 10.9 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in State Park Place.

Median property tax for homeowners in State Park Place was $403.49 in 2017 according to tax data from that year. That means homeowners pay 3.6 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.

State Park Place real estate: Q4 2012-2018
Properties sold
Median sale price
Change in sale price
2012
2
$19,620
-
2013
1
$43,200
120.2%
2015
2
$21,730
-49.7%
2017
2
$11,220
-48.4%
2018
1
$10,000
-10.9%

Median property tax
Median sale price
Effective property tax rate
2012
$203.74
$19,620
1%
2013
$416.40
$43,200
1%
2015
$711.57
$21,730
3.3%
2017
$403.49
$11,220
3.6%

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