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Thursday, April 18, 2024

Q3 real estate sales report: Southern View

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Median prices declined in Southern View over last year, and are down 20.1 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 18 homes sold in Southern View for a median price of $70,000. That's 4.7 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 3 homes in Southern View were in foreclosure.

Median property tax for homeowners in Southern View was $1,906.28 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.

Southern View real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
7
$87,633
-
2010
5
$87,780
0.2%
2011
20
$74,580
-15%
2012
10
$76,028
1.9%
2013
20
$84,186
10.7%
2014
9
$97,520
15.8%
2015
17
$83,740
-14.1%
2016
7
$71,400
-14.7%
2017
13
$73,440
2.9%
2018
18
$70,000
-4.7%

Median property tax
Median sale price
Effective property tax rate
2009
$1,417.38
$87,633
1.6%
2010
$1,674.22
$87,780
1.9%
2011
$1,471.30
$74,580
2%
2012
$1,413.25
$76,028
1.9%
2013
$1,893.38
$84,186
2.2%
2014
$1,825.12
$97,520
1.9%
2015
$1,516.06
$83,740
1.8%
2016
$1,676.32
$71,400
2.3%
2017
$1,906.27
$73,440
2.6%

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