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Peoria Standard

Friday, April 19, 2024

Q3 real estate sales report: Lake Camelot

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Median prices rose in Lake Camelot over last year, and are up 6.6 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 19 homes sold in Lake Camelot for a median price of $187,000. That's 4.8 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Lake Camelot.

Median property tax for homeowners in Lake Camelot was $3,779.41 in 2017 according to tax data from that year. That means homeowners pay 2.1 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.

Lake Camelot real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
11
$175,500
-
2010
14
$171,998
-2%
2011
3
$131,080
-23.8%
2012
14
$175,218
33.7%
2013
14
$214,110
22.2%
2014
12
$169,600
-20.8%
2015
14
$174,900
3.1%
2016
8
$199,448
14%
2017
9
$178,500
-10.5%
2018
19
$187,000
4.8%

Median property tax
Median sale price
Effective property tax rate
2009
$3,641.08
$175,500
2.1%
2010
$3,322.43
$171,998
1.9%
2011
$4,625.15
$131,080
3.5%
2012
$4,015.73
$175,218
2.3%
2013
$4,433.54
$214,110
2.1%
2014
$3,567.32
$169,600
2.1%
2015
$4,173.33
$174,900
2.4%
2016
$3,690.89
$199,448
1.9%
2017
$3,779.40
$178,500
2.1%

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