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Saturday, November 23, 2024

Q2 real estate sales report: Southern View

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Median prices declined in Southern View over last year, and are down 5.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 14 homes sold in Southern View for a median price of $73,750. That's 6.1 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Southern View.

Median property tax for homeowners in Southern View was $1,804.44 in 2017 according to tax data from that year. That means homeowners pay 2.3 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.

Southern View real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$78,390
-
2010
16
$79,743
1.7%
2011
4
$92,619
16.1%
2012
14
$76,845
-17%
2013
10
$56,160
-26.9%
2014
11
$82,574
47%
2015
13
$93,280
13%
2016
13
$91,298
-2.1%
2017
19
$78,540
-14%
2018
14
$73,750
-6.1%

Median property tax
Median sale price
Effective property tax rate
2009
$1,451.50
$78,390
1.9%
2010
$1,470.56
$79,743
1.8%
2011
$1,714.79
$92,619
1.9%
2012
$1,710.55
$76,845
2.2%
2013
$1,198.91
$56,160
2.1%
2014
$1,678.89
$82,574
2%
2015
$1,860.68
$93,280
2%
2016
$1,702.59
$91,298
1.9%
2017
$1,804.44
$78,540
2.3%

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