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Illinois Valley Times

Saturday, November 23, 2024

Q3 real estate sales report: Seneca

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Median prices declined in Seneca over last year, and are down 13.2 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 9 homes sold in Seneca for a median price of $135,000. That's 24.4 percent lower than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in Seneca was $3,672.57 in 2017 according to tax data from that year. That means homeowners pay 2.1 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.

Seneca real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
7
$155,610
-
2010
8
$186,105
19.6%
2011
7
$175,150
-5.9%
2012
6
$160,775
-8.2%
2013
15
$159,840
-0.6%
2014
16
$116,070
-27.4%
2015
12
$165,360
42.5%
2016
12
$175,875
6.4%
2017
14
$178,500
1.5%
2018
9
$135,000
-24.4%

Median property tax
Median sale price
Effective property tax rate
2009
$3,508.19
$155,610
2.3%
2010
$3,379.59
$186,105
1.8%
2011
$3,167.07
$175,150
1.8%
2012
$4,129.01
$160,775
2.6%
2013
$2,562.12
$159,840
1.6%
2014
$1,767.53
$116,070
1.5%
2015
$2,952.43
$165,360
1.8%
2016
$3,363.22
$175,875
1.9%
2017
$3,672.57
$178,500
2.1%

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