From July to September, 2 homes sold in Rapids City for a median price of $36,500. That's 83.4 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Rapids City.
Median property tax for homeowners in Rapids City was $5,660.92 in 2017 according to tax data from that year. That means homeowners pay 2.6 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
5
$157,950
-
2010
1
$287,850
82.2%
2011
5
$107,350
-62.7%
2012
5
$223,450
108.2%
2013
3
$291,600
30.5%
2014
4
$177,550
-39.1%
2015
3
$250,160
40.9%
2016
6
$116,025
-53.6%
2017
3
$219,300
89%
2018
2
$36,500
-83.4%
Median property tax
Median sale price
Effective property tax rate
2014
$3,782.63
$177,550
2.1%
2015
$5,875.32
$250,160
2.3%
2016
$2,521.13
$116,025
2.2%
2017
$5,660.91
$219,300
2.6%
Alerts Sign-up