From January to March, 10 homes sold in Gillespie for a median price of $19,500. That's 48.2 percent lower than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Gillespie.
Median property tax for homeowners in Gillespie was $1,002.37 in 2017 according to tax data from that year. That means homeowners pay 2.7 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.
Gillespie real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
8
$61,425
-
2010
6
$88,350
43.8%
2011
5
$31,640
-64.2%
2012
13
$65,400
106.7%
2013
14
$33,480
-48.8%
2014
8
$41,340
23.5%
2015
14
$33,552
-18.8%
2016
9
$31,500
-6.1%
2017
15
$37,679
19.6%
2018
10
$19,500
-48.2%
Median property tax
Median sale price
Effective property tax rate
2016
$820.95
$31,500
2.6%
2017
$1,002.37
$37,679
2.7%
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