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Friday, November 15, 2019

Q4 real estate sales report: Mascoutah

Real Estate

By Local Labs News Service | Mar 17, 2019

Re 7

Median prices declined in Mascoutah over last year, and are up 0.1 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 39 homes sold in Mascoutah for a median price of $164,000. That's 2.1 percent lower than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Mascoutah was $4,086.24 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.

Mascoutah real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
63
$163,800
-
2010
34
$170,430
4%
2011
37
$135,600
-20.4%
2012
41
$141,700
4.5%
2013
47
$142,560
0.6%
2014
39
$164,300
15.2%
2015
38
$155,820
-5.2%
2016
43
$176,400
13.2%
2017
28
$167,535
-5%
2018
39
$164,000
-2.1%

Median property tax
Median sale price
Effective property tax rate
2012
$2,682.07
$141,700
1.9%
2013
$1,333.47
$142,560
0.9%
2014
$3,792.63
$164,300
2.3%
2015
$2,869.29
$155,820
1.8%
2016
$4,086.24
$176,400
2.3%

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