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South Central Reporter

Monday, December 23, 2024

Q3 real estate sales report: Iuka

Realestate077

Median prices rose in Iuka over last year, and are up 123.3 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 4 homes sold in Iuka for a median price of $160,000. That's 17.3 percent higher than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in Iuka was $1,322.63 in 2017 according to tax data from that year. That means homeowners pay 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.

Iuka real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
2
$71,663
-
2010
3
$71,250
-0.6%
2011
8
$31,584
-55.7%
2012
5
$59,950
89.8%
2013
3
$104,760
74.7%
2014
5
$118,720
13.3%
2015
4
$60,420
-49.1%
2016
6
$84,000
39%
2017
4
$136,425
62.4%
2018
4
$160,000
17.3%

Median property tax
Median sale price
Effective property tax rate
2009
$2,497
$71,663
3.5%
2010
$802.71
$71,250
1.1%
2011
$440.33
$31,584
1.4%
2012
$874.35
$59,950
1.5%
2013
$2,751.30
$104,760
2.6%
2014
$2,142.38
$118,720
1.8%
2015
$954.57
$60,420
1.6%
2016
$1,135.36
$84,000
1.4%
2017
$1,322.63
$136,425
1%

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