From January to March, 515 homes sold in Springfield for a median price of $94,000. That's 3.1 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 37 homes in Springfield were in foreclosure.
Median property tax for homeowners in Springfield was $2,041.86 in 2017 according to tax data from that year. That means homeowners pay 2.2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Springfield real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
381
$93,600
-
2010
412
$101,403
8.3%
2011
376
$104,638
3.2%
2012
413
$97,991
-6.4%
2013
440
$89,100
-9.1%
2014
422
$84,584
-5.1%
2015
444
$82,680
-2.3%
2016
430
$79,748
-3.5%
2017
525
$91,138
14.3%
2018
515
$94,000
3.1%
Median property tax
Median sale price
Effective property tax rate
2009
$2,025.19
$93,600
2.2%
2010
$2,139.59
$101,403
2.1%
2011
$2,231.64
$104,638
2.1%
2012
$2,191.92
$97,991
2.2%
2013
$2,156.46
$89,100
2.4%
2014
$1,956.41
$84,584
2.3%
2015
$2,011.89
$82,680
2.4%
2016
$2,131.10
$79,748
2.7%
2017
$2,041.85
$91,138
2.2%
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