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Peoria Standard

Friday, April 19, 2024

Q3 real estate sales report: Kappa

Realestate3

Median prices rose in Kappa over last year, and are up 513.1 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 1 home sold in Kappa for a price of $394,500. That's 186.5 percent higher than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in Kappa was $3,192.01 in 2017 according to tax data from that year. That means homeowners pay 2.3 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.

Kappa real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$64,350
-
2010
1
$17,670
-72.5%
2011
4
$240,690
1262.1%
2012
1
$144,970
-39.8%
2013
2
$280,395
93.4%
2014
2
$107,325
-61.7%
2015
1
$72,610
-32.3%
2016
2
$219,975
203%
2017
1
$137,700
-37.4%
2018
1
$394,500
186.5%

Median property tax
Median sale price
Effective property tax rate
2010
$1,425.72
$17,670
8.1%
2011
$3,567.37
$240,690
1.5%
2012
$3,291.53
$144,970
2.3%
2013
$1,497.10
$280,395
0.5%
2014
$3,647.21
$107,325
3.4%
2015
$2,104.26
$72,610
2.9%
2016
$5,440.84
$219,975
2.5%
2017
$3,192
$137,700
2.3%

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