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East Central Reporter

Thursday, April 25, 2024

Q1 real estate sales report: Charleston

Realestate3

Median prices declined in Charleston over last year, and are down 29.8 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 56 homes sold in Charleston for a median price of $69,000. That's 20.9 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Charleston.

Median property tax for homeowners in Charleston was $2,302.09 in 2016 according to tax data from that year. That means homeowners pay 2.2 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Charleston real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
49
$98,280
-
2010
37
$108,300
10.2%
2011
32
$117,520
8.5%
2012
61
$81,750
-30.4%
2013
41
$95,063
16.3%
2014
49
$95,400
0.4%
2015
37
$90,100
-5.6%
2016
50
$104,948
16.5%
2017
49
$87,210
-16.9%
2018
56
$69,000
-20.9%

Median property tax
Median sale price
Effective property tax rate
2009
$2,446.61
$98,280
2.5%
2010
$2,614.31
$108,300
2.4%
2011
$2,644.55
$117,520
2.3%
2012
$2,119.67
$81,750
2.6%
2013
$2,264.34
$95,063
2.4%
2014
$2,249.08
$95,400
2.4%
2015
$2,261.67
$90,100
2.5%
2016
$2,302.09
$104,948
2.2%

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