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Illinois Valley Times

Friday, April 19, 2024

Q4 real estate sales report: Sand Ridge

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Median prices rose in Sand Ridge over last year, and are up 512.8 percent over 2 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 2 homes sold in Sand Ridge for a median price of $123,450. That's 512.8 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Sand Ridge.

Median property tax for homeowners in Sand Ridge was $688.74 in 2017 according to tax data from that year. That means homeowners pay 3.4 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.

Sand Ridge real estate: Q4 2017-2018
Properties sold
Median sale price
Change in sale price
2017
2
$20,145
-
2018
2
$123,450
512.8%

Median property tax
Median sale price
Effective property tax rate
2017
$688.74
$20,145
3.4%

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