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Thursday, April 18, 2024

Q2 real estate sales report: Burnside

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Median prices rose in Burnside over last year, and are down 5.4 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 71 homes sold in Burnside for a median price of $83,000. That's 44.7 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 22 homes in Burnside were in foreclosure.

Median property tax for homeowners in Burnside was $2,285.14 in 2017 according to tax data from that year. That means homeowners pay 4 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.

Burnside real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
41
$87,750
-
2010
51
$119,700
36.4%
2011
37
$57,630
-51.9%
2012
35
$49,595
-13.9%
2013
54
$41,850
-15.6%
2014
39
$47,700
14%
2015
45
$63,600
33.3%
2016
59
$65,625
3.2%
2017
58
$57,375
-12.6%
2018
71
$83,000
44.7%

Median property tax
Median sale price
Effective property tax rate
2009
$2,181.14
$87,750
2.5%
2010
$2,203.39
$119,700
1.8%
2011
$2,271.30
$57,630
3.9%
2012
$2,065.27
$49,595
4.2%
2013
$2,038.77
$41,850
4.9%
2014
$1,953.89
$47,700
4.1%
2015
$2,232.40
$63,600
3.5%
2016
$2,385.45
$65,625
3.6%
2017
$2,285.14
$57,375
4%

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