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East Central Reporter

Thursday, July 24, 2025

Q4 real estate sales report: Oblong

Realestate5

Median prices rose in Oblong over last year, and are down 21 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 8 homes sold in Oblong for a median price of $48,500. That's 16 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Oblong.

Median property tax for homeowners in Oblong was $587.18 in 2016 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.

Oblong real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
7
$61,425
-
2010
7
$42,180
-31.3%
2011
11
$56,500
33.9%
2012
10
$34,608
-38.7%
2013
14
$71,280
106%
2014
6
$55,650
-21.9%
2015
12
$60,685
9%
2016
5
$18,900
-68.9%
2017
5
$41,820
121.3%
2018
8
$48,500
16%

Median property tax
Median sale price
Effective property tax rate
2016
$587.18
$18,900
3.1%

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