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South Central Reporter

Wednesday, December 25, 2024

Q3 real estate sales report: Medora

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Median prices declined in Medora over last year, and are up 28.2 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 3 homes sold in Medora for a median price of $15,000. That's 79 percent lower than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in Medora was $1,174.18 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.

Medora real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$11,700
-
2011
2
$67,518
477.1%
2012
2
$5,723
-91.5%
2013
2
$27,270
376.5%
2014
2
$9,911
-63.7%
2016
1
$63,000
535.7%
2017
1
$71,400
13.3%
2018
3
$15,000
-79%

Median property tax
Median sale price
Effective property tax rate
2016
$1,716.26
$63,000
2.7%
2017
$1,174.18
$71,400
1.6%

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