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South Central Reporter

Sunday, December 22, 2024

Q3 real estate sales report: Junction City

Realestate077

Median prices declined in Junction City over last year, and are down 73.9 percent over 7 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 1 home sold in Junction City for a price of $6,500. That's 77.6 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Junction City.

Median property tax for homeowners in Junction City was $171.91 in 2017 according to tax data from that year. That means homeowners pay 0.6 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.

Junction City real estate: Q3 2012-2018
Properties sold
Median sale price
Change in sale price
2012
1
$24,930
-
2013
1
$9,720
-61%
2015
3
$13,780
41.8%
2017
4
$29,070
111%
2018
1
$6,500
-77.6%

Median property tax
Median sale price
Effective property tax rate
2012
$812.35
$24,930
3.3%
2013
$239.11
$9,720
2.5%
2015
$172.75
$13,780
1.3%
2017
$171.91
$29,070
0.6%

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