From April to June, 1 home sold in Rapids City for a price of $162,500. That's 83.6 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Rapids City.
Median property tax for homeowners in Rapids City was $3,434.71 in 2017 according to tax data from that year. That means homeowners pay 3.9 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.
Rapids City real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
5
$105,300
-
2010
5
$142,500
35.3%
2011
4
$157,918
10.8%
2012
3
$65,945
-58.2%
2013
2
$160,380
143.2%
2014
3
$233,200
45.4%
2015
7
$93,810
-59.8%
2016
4
$131,250
39.9%
2017
6
$88,485
-32.6%
2018
1
$162,500
83.6%
Median property tax
Median sale price
Effective property tax rate
2014
$4,348.33
$233,200
1.9%
2015
$2,506.64
$93,810
2.7%
2016
$1,620.78
$131,250
1.2%
2017
$3,434.70
$88,485
3.9%
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