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Illinois Valley Times

Sunday, December 22, 2024

Q2 real estate sales report: Peru

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Median prices declined in Peru over last year, and are down 13.1 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 34 homes sold in Peru for a median price of $106,750. That's 4 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Peru was $2,274.40 in 2017 according to tax data from that year. That means homeowners pay 2 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.

Peru real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
29
$122,850
-
2010
34
$111,720
-9.1%
2011
29
$84,750
-24.1%
2012
24
$118,265
39.5%
2013
33
$84,240
-28.8%
2014
33
$112,360
33.4%
2015
40
$123,490
9.9%
2016
47
$122,850
-0.5%
2017
41
$111,180
-9.5%
2018
34
$106,750
-4%

Median property tax
Median sale price
Effective property tax rate
2009
$2,473.84
$122,850
2%
2010
$1,966.57
$111,720
1.8%
2011
$1,948.59
$84,750
2.3%
2012
$2,269.66
$118,265
1.9%
2013
$1,645.76
$84,240
2%
2014
$2,127.03
$112,360
1.9%
2015
$2,369
$123,490
1.9%
2016
$2,160.77
$122,850
1.8%
2017
$2,274.39
$111,180
2%

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