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Friday, April 19, 2024

Q4 real estate sales report: Wood River

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Median prices rose in Wood River over last year, and are up 2 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 28 homes sold in Wood River for a median price of $89,500. That's 59.5 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Wood River.

Median property tax for homeowners in Wood River was $1,852.46 in 2017 according to tax data from that year. That means homeowners pay 3.3 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.

Wood River real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
57
$87,750
-
2010
30
$58,995
-32.8%
2011
36
$73,394
24.4%
2012
36
$59,187
-19.4%
2013
38
$64,746
9.4%
2014
53
$68,900
6.4%
2015
41
$62,540
-9.2%
2016
50
$58,275
-6.8%
2017
52
$56,100
-3.7%
2018
28
$89,500
59.5%

Median property tax
Median sale price
Effective property tax rate
2009
$1,818.76
$87,750
2.1%
2010
$1,810.38
$58,995
3.1%
2011
$2,237.59
$73,394
3%
2012
$1,689.83
$59,187
2.9%
2013
$1,797.83
$64,746
2.8%
2014
$1,738.46
$68,900
2.5%
2015
$1,889.61
$62,540
3%
2016
$1,744.89
$58,275
3%
2017
$1,852.46
$56,100
3.3%

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