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Friday, November 22, 2024

Q1 real estate sales report: Green Valley

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Median prices declined in Green Valley over last year, and are up 70.9 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 8 homes sold in Green Valley for a median price of $65,000. That's 52.8 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Green Valley.

Median property tax for homeowners in Green Valley was $2,504.96 in 2016 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 2.22 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.

Green Valley real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
2
$38,025
-
2010
2
$61,218
61%
2011
6
$91,248
49.1%
2013
2
$48,600
-46.7%
2014
8
$47,965
-1.3%
2015
2
$98,580
105.5%
2016
6
$109,988
11.6%
2017
1
$137,700
25.2%
2018
8
$65,000
-52.8%

Median property tax
Median sale price
Effective property tax rate
2009
$2,058.31
$38,025
5.4%
2010
$1,695.47
$61,218
2.8%
2011
$3,082.23
$91,248
3.4%
2013
$1,183.33
$48,600
2.4%
2014
$1,901.19
$47,965
4%
2015
$2,849.35
$98,580
2.9%
2016
$2,504.96
$109,988
2.3%

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