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South Central Reporter

Monday, December 23, 2024

Q3 real estate sales report: Patoka

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Median prices declined in Patoka over last year, and are down 81.2 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 2 homes sold in Patoka for a median price of $11,300. That's 74.7 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Patoka.

Median property tax for homeowners in Patoka was $395.51 in 2017 according to tax data from that year. That means homeowners pay 0.9 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.

Patoka real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$60,255
-
2010
2
$55,860
-7.3%
2011
4
$35,595
-36.3%
2012
1
$23,980
-32.6%
2013
2
$32,778
36.7%
2014
3
$8,678
-73.5%
2016
4
$112,875
1200.7%
2017
4
$44,625
-60.5%
2018
2
$11,300
-74.7%

Median property tax
Median sale price
Effective property tax rate
2009
$2,056.74
$60,255
3.4%
2010
$1,427.74
$55,860
2.6%
2011
$693.75
$35,595
1.9%
2012
$559.88
$23,980
2.3%
2013
$483.21
$32,778
1.5%
2014
$629.59
$8,678
7.3%
2016
$2,614.64
$112,875
2.3%
2017
$395.50
$44,625
0.9%

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