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Friday, April 26, 2024

Q2 real estate sales report: Silvis

Realestate3

Median prices declined in Silvis over last year, and are down 34.1 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 8 homes sold in Silvis for a median price of $65,000. That's 33.3 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Silvis.

Median property tax for homeowners in Silvis was $2,685.11 in 2017 according to tax data from that year. That means homeowners pay 2.8 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.

Silvis real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
30
$98,573
-
2010
31
$136,800
38.8%
2011
29
$117,520
-14.1%
2012
36
$97,555
-17%
2013
19
$89,100
-8.7%
2014
35
$97,520
9.5%
2015
26
$106,000
8.7%
2016
24
$112,350
6%
2017
45
$97,410
-13.3%
2018
8
$65,000
-33.3%

Median property tax
Median sale price
Effective property tax rate
2014
$2,800.52
$97,520
2.9%
2015
$3,517.71
$106,000
3.3%
2016
$3,044.97
$112,350
2.7%
2017
$2,685.10
$97,410
2.8%

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