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South Central Reporter

Thursday, April 25, 2024

Q4 real estate sales report: Staunton

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Median prices declined in Staunton over last year, and are down 21.5 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 5 homes sold in Staunton for a median price of $73,500. That's 6.4 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Staunton.

Median property tax for homeowners in Staunton was $1,255.37 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.

Staunton real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
19
$93,600
-
2010
10
$60,876
-35%
2011
18
$85,598
40.6%
2012
25
$63,220
-26.1%
2013
15
$67,500
6.8%
2014
24
$90,100
33.5%
2015
21
$120,840
34.1%
2016
25
$89,775
-25.7%
2017
26
$78,540
-12.5%
2018
5
$73,500
-6.4%

Median property tax
Median sale price
Effective property tax rate
2016
$1,758.35
$89,775
2%
2017
$1,255.36
$78,540
1.6%

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