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Friday, April 26, 2024

Q4 real estate sales report: East St. Louis

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Median prices rose in East St. Louis over last year, and are up 60.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 21 homes sold in East St. Louis for a median price of $15,000. That's 8.9 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in East St. Louis was $1,184.98 in 2016 according to tax data from that year. That means homeowners pay 11.3 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.

East St. Louis real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
29
$9,360
-
2010
20
$12,540
34%
2011
21
$14,125
12.6%
2012
16
$8,175
-42.1%
2013
23
$13,500
65.1%
2014
11
$19,080
41.3%
2015
8
$10,865
-43.1%
2016
16
$10,500
-3.4%
2017
22
$13,770
31.1%
2018
21
$15,000
8.9%

Median property tax
Median sale price
Effective property tax rate
2012
$762.49
$8,175
9.3%
2013
$888.19
$13,500
6.6%
2014
$1,018.85
$19,080
5.3%
2015
$1,062.93
$10,865
9.8%
2016
$1,184.97
$10,500
11.3%

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