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Sunday, November 24, 2024

Q2 real estate sales report: Coal Valley

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Median prices declined in Coal Valley over last year, and are down 11 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 4 homes sold in Coal Valley for a median price of $150,950. That's 10 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Coal Valley.

Median property tax for homeowners in Coal Valley was $3,531.81 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.

Coal Valley real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
21
$169,650
-
2010
19
$131,100
-22.7%
2011
21
$201,140
53.4%
2012
25
$137,885
-31.4%
2013
18
$197,910
43.5%
2014
15
$156,880
-20.7%
2015
28
$164,035
4.6%
2016
28
$161,700
-1.4%
2017
20
$167,790
3.8%
2018
4
$150,950
-10%

Median property tax
Median sale price
Effective property tax rate
2014
$3,293.58
$156,880
2.1%
2015
$3,716.12
$164,035
2.3%
2016
$3,260.52
$161,700
2%
2017
$3,531.81
$167,790
2.1%

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