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Peoria Standard

Tuesday, November 26, 2024

Q2 real estate sales report: Rome

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Median prices rose in Rome over last year, and are down 17 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 6 homes sold in Rome for a median price of $128,250. That's 12.3 percent higher than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Rome was $3,342.52 in 2017 according to tax data from that year. That means homeowners pay 2.9 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.

Rome real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
4
$154,440
-
2010
7
$98,610
-36.1%
2011
5
$67,800
-31.2%
2012
6
$126,223
86.2%
2013
9
$142,560
12.9%
2014
5
$100,700
-29.4%
2015
5
$34,344
-65.9%
2016
9
$94,500
175.2%
2017
7
$114,240
20.9%
2018
6
$128,250
12.3%

Median property tax
Median sale price
Effective property tax rate
2009
$2,566.99
$154,440
1.7%
2010
$1,918.46
$98,610
1.9%
2011
$1,591.60
$67,800
2.3%
2012
$2,518.59
$126,223
2%
2013
$2,544.91
$142,560
1.8%
2014
$1,536.95
$100,700
1.5%
2015
$1,445.37
$34,344
4.2%
2016
$2,330.83
$94,500
2.5%
2017
$3,342.51
$114,240
2.9%

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