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Thursday, April 25, 2024

Q4 real estate sales report: South Deering

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Median prices declined in South Deering over last year, and are up 11.2 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 27 homes sold in South Deering for a median price of $40,000. That's 12.9 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 2 homes in South Deering were in foreclosure.

Median property tax for homeowners in South Deering was $1,737.14 in 2017 according to tax data from that year. That means homeowners pay 3.8 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
32
$35,978
-
2010
27
$31,920
-11.3%
2011
11
$28,250
-11.5%
2012
31
$27,250
-3.5%
2013
17
$29,700
9%
2014
18
$58,300
96.3%
2015
40
$25,970
-55.5%
2016
29
$29,400
13.2%
2017
40
$45,900
56.1%
2018
27
$40,000
-12.9%

Median property tax
Median sale price
Effective property tax rate
2009
$1,706.91
$35,978
4.7%
2010
$1,779.43
$31,920
5.6%
2011
$1,888.71
$28,250
6.7%
2012
$1,428.82
$27,250
5.2%
2013
$1,496.92
$29,700
5%
2014
$1,373.18
$58,300
2.4%
2015
$1,514.75
$25,970
5.8%
2016
$1,563.95
$29,400
5.3%
2017
$1,737.13
$45,900
3.8%

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