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Friday, April 19, 2024

Q4 real estate sales report: Godfrey

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Median prices rose in Godfrey over last year, and are up 15.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 47 homes sold in Godfrey for a median price of $133,500. That's 10.1 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Godfrey.

Median property tax for homeowners in Godfrey was $2,755.31 in 2017 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.

Godfrey real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
67
$115,830
-
2010
46
$116,280
0.4%
2011
53
$124,187
6.8%
2012
59
$132,435
6.6%
2013
66
$106,380
-19.7%
2014
64
$117,660
10.6%
2015
78
$134,832
14.6%
2016
79
$132,300
-1.9%
2017
75
$121,278
-8.3%
2018
47
$133,500
10.1%

Median property tax
Median sale price
Effective property tax rate
2009
$2,174.58
$115,830
1.9%
2010
$2,425
$116,280
2.1%
2011
$2,459.10
$124,187
2%
2012
$2,379.68
$132,435
1.8%
2013
$2,498.64
$106,380
2.3%
2014
$2,672.98
$117,660
2.3%
2015
$3,039.84
$134,832
2.3%
2016
$2,819.71
$132,300
2.1%
2017
$2,755.30
$121,278
2.3%

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