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Friday, November 22, 2024

Q2 real estate sales report: Sherman

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Median prices rose in Sherman over last year, and are up 3.8 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 27 homes sold in Sherman for a median price of $170,000. That's 6.2 percent higher than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Sherman was $3,597.34 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 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Sherman real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
15
$163,800
-
2010
19
$199,500
21.8%
2011
14
$170,065
-14.8%
2012
8
$175,763
3.4%
2013
17
$167,400
-4.8%
2014
28
$176,490
5.4%
2015
24
$179,882
1.9%
2016
27
$178,500
-0.8%
2017
18
$160,140
-10.3%
2018
27
$170,000
6.2%

Median property tax
Median sale price
Effective property tax rate
2009
$3,673.33
$163,800
2.2%
2010
$3,622.48
$199,500
1.8%
2011
$3,993.84
$170,065
2.3%
2012
$3,440.17
$175,763
2%
2013
$3,624.76
$167,400
2.2%
2014
$3,973.59
$176,490
2.3%
2015
$3,303.60
$179,882
1.8%
2016
$3,756.50
$178,500
2.1%
2017
$3,597.33
$160,140
2.2%

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