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South Central Reporter

Tuesday, November 5, 2024

Q2 real estate sales report: Alma

Realestate077

Median prices declined in Alma over last year, and are down 63.6 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 1 home sold in Alma for a price of $10,000. That's 69.8 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Alma was $707.22 in 2017 according to tax data from that year. That means homeowners pay 2.1 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.

Alma real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$27,495
-
2010
4
$57,684
109.8%
2011
4
$42,093
-27%
2012
2
$59,950
42.4%
2013
1
$33,480
-44.2%
2014
4
$25,175
-24.8%
2015
1
$15,900
-36.8%
2016
4
$89,775
464.6%
2017
2
$33,150
-63.1%
2018
1
$10,000
-69.8%

Median property tax
Median sale price
Effective property tax rate
2009
$265.63
$27,495
1%
2010
$862.79
$57,684
1.5%
2011
$169.50
$42,093
0.4%
2012
$1,011.30
$59,950
1.7%
2013
$0
$33,480
0%
2014
$814.66
$25,175
3.2%
2015
$339.64
$15,900
2.1%
2016
$1,980.75
$89,775
2.2%
2017
$707.21
$33,150
2.1%

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