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Friday, April 26, 2024

Q2 real estate sales report: Washington

Realestate5

Median prices declined in Washington over last year, and are down 7.6 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 129 homes sold in Washington for a median price of $160,000. That's 7.7 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Washington was $3,878.20 in 2016 according to tax data from that year. That means homeowners pay 2.4 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.

Washington real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
102
$173,160
-
2010
139
$165,300
-4.5%
2011
87
$180,800
9.4%
2012
122
$144,698
-20%
2013
149
$165,132
14.1%
2014
147
$134,620
-18.5%
2015
130
$177,550
31.9%
2016
125
$161,700
-8.9%
2017
95
$173,298
7.2%
2018
129
$160,000
-7.7%

Median property tax
Median sale price
Effective property tax rate
2009
$3,491.75
$173,160
2%
2010
$2,936.04
$165,300
1.8%
2011
$3,439.10
$180,800
1.9%
2012
$3,219.79
$144,698
2.2%
2013
$3,583.09
$165,132
2.2%
2014
$2,980.16
$134,620
2.2%
2015
$4,098.02
$177,550
2.3%
2016
$3,878.19
$161,700
2.4%

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