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East Central Reporter

Friday, April 19, 2024

Q2 real estate sales report: Charleston

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Median prices declined in Charleston over last year, and are down 25.7 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 80 homes sold in Charleston for a median price of $90,000. That's 22.6 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Charleston was $2,833.07 in 2017 according to tax data from that year. That means homeowners pay 2.4 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.

Charleston real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
73
$121,095
-
2010
93
$104,732
-13.5%
2011
75
$98,141
-6.3%
2012
102
$118,265
20.5%
2013
100
$94,500
-20.1%
2014
67
$128,260
35.7%
2015
93
$118,720
-7.4%
2016
77
$115,500
-2.7%
2017
89
$116,280
0.7%
2018
80
$90,000
-22.6%

Median property tax
Median sale price
Effective property tax rate
2009
$2,614.44
$121,095
2.2%
2010
$2,495.51
$104,732
2.4%
2011
$2,730.26
$98,141
2.8%
2012
$2,679.50
$118,265
2.3%
2013
$2,544.71
$94,500
2.7%
2014
$2,205.31
$128,260
1.7%
2015
$2,917.20
$118,720
2.5%
2016
$2,438.96
$115,500
2.1%
2017
$2,833.07
$116,280
2.4%

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