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South Central Reporter

Tuesday, November 5, 2024

Q2 real estate sales report: Gillespie

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Median prices declined in Gillespie over last year, and are up 23.6 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 16 homes sold in Gillespie for a median price of $47,000. That's 26.3 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Gillespie was $1,132.54 in 2017 according to tax data from that year. That means homeowners pay 1.8 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.

Gillespie real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$38,025
-
2010
6
$94,905
149.6%
2011
6
$54,805
-42.3%
2012
13
$35,970
-34.4%
2013
10
$93,906
161.1%
2014
16
$38,425
-59.1%
2015
19
$64,236
67.2%
2016
15
$52,500
-18.3%
2017
20
$63,750
21.4%
2018
16
$47,000
-26.3%

Median property tax
Median sale price
Effective property tax rate
2016
$1,379.51
$52,500
2.6%
2017
$1,132.53
$63,750
1.8%

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