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Friday, April 19, 2024

Q3 real estate sales report: Union Ridge

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Median prices rose in Union Ridge over last year, and are up 7.5 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 21 homes sold in Union Ridge for a median price of $287,000. That's 4.6 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 1 home in Union Ridge was in foreclosure.

Median property tax for homeowners in Union Ridge was $4,149.49 in 2017 according to tax data from that year. That means homeowners pay 1.5 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.

Union Ridge real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
12
$267,053
-
2010
13
$217,740
-18.5%
2011
23
$211,310
-3%
2012
22
$270,593
28.1%
2013
25
$248,400
-8.2%
2014
17
$267,650
7.7%
2015
33
$288,850
7.9%
2016
25
$273,000
-5.5%
2017
26
$274,380
0.5%
2018
21
$287,000
4.6%

Median property tax
Median sale price
Effective property tax rate
2009
$4,079.05
$267,053
1.5%
2010
$4,510.90
$217,740
2.1%
2011
$4,914.79
$211,310
2.3%
2012
$3,798.67
$270,593
1.4%
2013
$3,745.72
$248,400
1.5%
2014
$4,076.87
$267,650
1.5%
2015
$4,236.17
$288,850
1.5%
2016
$4,212.73
$273,000
1.5%
2017
$4,149.48
$274,380
1.5%

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