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Monday, November 25, 2024

Q2 real estate sales report: Delavan

Re 6

Median prices rose in Delavan over last year, and are up 36.4 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 Delavan for a median price of $108,500. That's 30.1 percent higher than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Delavan was $1,256.12 in 2016 according to tax data from that year. That means homeowners pay 1.9 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.

Delavan real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$79,560
-
2010
10
$107,445
35%
2011
5
$66,105
-38.5%
2012
5
$104,095
57.5%
2013
11
$93,960
-9.7%
2014
19
$95,400
1.5%
2015
8
$95,162
-0.2%
2016
9
$66,675
-29.9%
2017
6
$83,385
25.1%
2018
6
$108,500
30.1%

Median property tax
Median sale price
Effective property tax rate
2009
$395.20
$79,560
0.5%
2010
$2,959.30
$107,445
2.8%
2011
$1,565.01
$66,105
2.4%
2012
$1,994.78
$104,095
1.9%
2013
$2,510.97
$93,960
2.7%
2014
$2,511.37
$95,400
2.6%
2015
$2,443.22
$95,162
2.6%
2016
$1,256.11
$66,675
1.9%

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