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Friday, April 19, 2024

Q4 real estate sales report: Union Ridge

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Median prices rose in Union Ridge over last year, and are down 9.5 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 9 homes sold in Union Ridge for a median price of $250,000. That's 2.1 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Union Ridge was $4,102.46 in 2017 according to tax data from that year. That means homeowners pay 1.7 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
23
$276,120
-
2010
7
$245,100
-11.2%
2011
18
$218,090
-11%
2012
14
$216,910
-0.5%
2013
21
$280,800
29.5%
2014
21
$254,930
-9.2%
2015
18
$302,100
18.5%
2016
22
$295,050
-2.3%
2017
27
$244,800
-17%
2018
9
$250,000
2.1%

Median property tax
Median sale price
Effective property tax rate
2009
$4,756.05
$276,120
1.7%
2010
$4,724.74
$245,100
1.9%
2011
$4,474.92
$218,090
2.1%
2012
$4,101.65
$216,910
1.9%
2013
$3,988.69
$280,800
1.4%
2014
$3,790.81
$254,930
1.5%
2015
$3,981.99
$302,100
1.3%
2016
$4,503.71
$295,050
1.5%
2017
$4,102.46
$244,800
1.7%

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