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Illinois Valley Times

Friday, April 19, 2024

Q4 real estate sales report: Peru

Realestate3

Median prices rose in Peru over last year, and are up 28.9 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 1 home sold in Peru for a price of $196,000. That's 112.9 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Peru was $2,152.38 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.

Peru real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
35
$152,100
-
2010
32
$102,030
-32.9%
2011
30
$90,344
-11.5%
2012
30
$100,553
11.3%
2013
32
$88,830
-11.7%
2014
36
$96,248
8.4%
2015
28
$101,548
5.5%
2016
33
$111,825
10.1%
2017
36
$92,055
-17.7%
2018
1
$196,000
112.9%

Median property tax
Median sale price
Effective property tax rate
2009
$2,311.33
$152,100
1.5%
2010
$1,794.28
$102,030
1.8%
2011
$2,036.11
$90,344
2.3%
2012
$2,137.72
$100,553
2.1%
2013
$1,791.89
$88,830
2%
2014
$1,854.19
$96,248
1.9%
2015
$1,786.37
$101,548
1.8%
2016
$1,941.32
$111,825
1.7%
2017
$2,152.38
$92,055
2.3%

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