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Illinois Valley Times

Monday, December 23, 2024

Q2 real estate sales report: Tonica

Realestate4

Median prices rose in Tonica over last year, and are down 45.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 4 homes sold in Tonica for a median price of $80,750. That's 44.2 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Tonica.

Median property tax for homeowners in Tonica was $2,844.86 in 2017 according to tax data from that year. That means homeowners pay 5.1 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.

Tonica real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$149,175
-
2010
2
$90,060
-39.6%
2011
4
$124,300
38%
2012
5
$111,679
-10.2%
2013
5
$103,680
-7.2%
2014
3
$65,720
-36.6%
2015
3
$53,000
-19.4%
2016
4
$128,100
141.7%
2017
3
$55,998
-56.3%
2018
4
$80,750
44.2%

Median property tax
Median sale price
Effective property tax rate
2009
$2,899.61
$149,175
1.9%
2010
$2,539.79
$90,060
2.8%
2011
$2,203.68
$124,300
1.8%
2012
$2,256.40
$111,679
2%
2013
$2,593.74
$103,680
2.5%
2014
$2,149.27
$65,720
3.3%
2015
$1,473.48
$53,000
2.8%
2016
$3,046.84
$128,100
2.4%
2017
$2,844.86
$55,998
5.1%

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