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Illinois Valley Times

Saturday, November 23, 2024

Q3 real estate sales report: Tonica

Realestate077

Median prices declined in Tonica over last year, and are down 52.1 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 3 homes sold in Tonica for a median price of $65,000. That's 71.4 percent lower than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in Tonica was $5,291.07 in 2017 according to tax data from that year. That means homeowners pay 2.3 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
3
$135,720
-
2010
1
$96,900
-28.6%
2011
1
$186,450
92.4%
2012
2
$233,196
25.1%
2013
3
$155,520
-33.3%
2014
6
$148,347
-4.6%
2015
11
$86,920
-41.4%
2016
7
$174,300
100.5%
2017
3
$226,950
30.2%
2018
3
$65,000
-71.4%

Median property tax
Median sale price
Effective property tax rate
2009
$228.73
$135,720
0.2%
2010
$2,846.32
$96,900
2.9%
2011
$4,652.50
$186,450
2.5%
2012
$1,988.97
$233,196
0.9%
2013
$2,660.42
$155,520
1.7%
2014
$2,967.04
$148,347
2%
2015
$2,715.67
$86,920
3.1%
2016
$3,747.15
$174,300
2.1%
2017
$5,291.06
$226,950
2.3%

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