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Friday, April 26, 2024

Q2 real estate sales report: South Deering

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Median prices rose in South Deering over last year, and are up 65.2 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 42 homes sold in South Deering for a median price of $58,000. That's 3.4 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 7 homes in South Deering were in foreclosure.

Median property tax for homeowners in South Deering was $1,738.21 in 2017 according to tax data from that year. That means homeowners pay 3.1 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.

South Deering real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
35
$35,100
-
2010
23
$53,580
52.6%
2011
9
$33,900
-36.7%
2012
23
$23,435
-30.9%
2013
18
$25,380
8.3%
2014
23
$24,380
-3.9%
2015
29
$25,970
6.5%
2016
31
$26,250
1.1%
2017
43
$56,100
113.7%
2018
42
$58,000
3.4%

Median property tax
Median sale price
Effective property tax rate
2009
$1,657.23
$35,100
4.7%
2010
$1,761.41
$53,580
3.3%
2011
$1,605.22
$33,900
4.7%
2012
$1,228.50
$23,435
5.2%
2013
$1,391.74
$25,380
5.5%
2014
$1,457.24
$24,380
6%
2015
$1,504.21
$25,970
5.8%
2016
$1,615.39
$26,250
6.2%
2017
$1,738.21
$56,100
3.1%

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