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Sunday, November 24, 2024

Q3 real estate sales report: Virden

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Median prices rose in Virden over last year, and are down 17.6 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 16 homes sold in Virden for a median price of $77,000. That's 24.8 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Virden.

Median property tax for homeowners in Virden was $676.87 in 2017 according to tax data from that year. That means homeowners pay 1.1 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.

Virden real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
17
$93,483
-
2010
12
$81,510
-12.8%
2011
9
$67,800
-16.8%
2012
17
$69,706
2.8%
2013
20
$72,630
4.2%
2014
21
$95,400
31.4%
2015
11
$82,680
-13.3%
2016
21
$77,700
-6%
2017
12
$61,710
-20.6%
2018
16
$77,000
24.8%

Median property tax
Median sale price
Effective property tax rate
2009
$3,609.82
$93,483
3.9%
2010
$3,141.58
$81,510
3.9%
2011
$2,644.20
$67,800
3.9%
2012
$2,877.06
$69,706
4.1%
2013
$4,192.84
$72,630
5.8%
2014
$3,397.32
$95,400
3.6%
2015
$4,058.10
$82,680
4.9%
2016
$1,852.76
$77,700
2.4%
2017
$676.87
$61,710
1.1%

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