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South Central Reporter

Monday, December 23, 2024

Q3 real estate sales report: Centralia

Realestate077

Median prices rose in Centralia over last year, and are down 1.9 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 59 homes sold in Centralia for a median price of $54,500. That's 13.7 percent higher than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in Centralia was $790.10 in 2017 according to tax data from that year. That means homeowners pay 1.6 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.

Centralia real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
57
$55,575
-
2010
48
$37,620
-32.3%
2011
44
$49,805
32.4%
2012
53
$40,875
-17.9%
2013
48
$47,790
16.9%
2014
48
$48,230
0.9%
2015
65
$76,320
58.2%
2016
63
$65,625
-14%
2017
48
$47,940
-26.9%
2018
59
$54,500
13.7%

Median property tax
Median sale price
Effective property tax rate
2009
$1,134.52
$55,575
2%
2010
$1,154.59
$37,620
3.1%
2011
$1,338.06
$49,805
2.7%
2012
$897.63
$40,875
2.2%
2013
$1,197.50
$47,790
2.5%
2014
$1,605.31
$48,230
3.3%
2015
$1,389.53
$76,320
1.8%
2016
$1,355.92
$65,625
2.1%
2017
$790.10
$47,940
1.6%

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