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Peoria Standard

Wednesday, April 24, 2024

Q3 real estate sales report: Roanoke

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Median prices rose in Roanoke over last year, and are up 17.9 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 7 homes sold in Roanoke for a median price of $105,500. That's 12.4 percent higher than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in Roanoke was $2,920.77 in 2017 according to tax data from that year. That means homeowners pay 3.1 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.

Roanoke real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
11
$89,505
-
2010
6
$115,140
28.6%
2011
12
$105,373
-8.5%
2012
14
$96,738
-8.2%
2013
16
$96,120
-0.6%
2014
13
$100,700
4.8%
2015
4
$124,285
23.4%
2016
10
$96,810
-22.1%
2017
11
$93,840
-3.1%
2018
7
$105,500
12.4%

Median property tax
Median sale price
Effective property tax rate
2010
$2,595
$115,140
2.3%
2011
$2,399.37
$105,373
2.3%
2012
$2,292.03
$96,738
2.4%
2013
$2,610.30
$96,120
2.7%
2014
$2,505.43
$100,700
2.5%
2015
$4,051.05
$124,285
3.3%
2016
$2,258.88
$96,810
2.3%
2017
$2,920.77
$93,840
3.1%

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