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Friday, May 16, 2025

Q3 real estate sales report: Cuba

Realestate5

Median prices rose in Cuba over last year, and are up 0.9 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 5 homes sold in Cuba for a median price of $72,000. That's 13.9 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Cuba.

Median property tax for homeowners in Cuba was $0 in 2017 according to tax data from that year. That means homeowners pay 0 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.

Cuba real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
3
$71,370
-
2011
7
$35,595
-50.1%
2012
4
$32,973
-7.4%
2013
7
$14,688
-55.5%
2014
6
$43,460
195.9%
2015
7
$26,500
-39%
2016
3
$42,000
58.5%
2017
8
$63,240
50.6%
2018
5
$72,000
13.9%

Median property tax
Median sale price
Effective property tax rate
2009
$1,894.76
$71,370
2.7%
2011
$1,645.57
$35,595
4.6%
2012
$1,779.96
$32,973
5.4%
2013
$1,907.01
$14,688
13%
2014
$1,930.57
$43,460
4.4%
2015
$1,719.15
$26,500
6.5%
2016
$1,940.04
$42,000
4.6%
2017
$0
$63,240
0%

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