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South Central Reporter

Thursday, December 26, 2024

Q4 real estate sales report: Virden

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Median prices declined in Virden over last year, and are down 7.8 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 9 homes sold in Virden for a median price of $55,000. That's 1.1 percent lower than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Virden was $784.99 in 2017 according to tax data from that year. That means homeowners pay 1.4 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.

Virden real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
14
$59,670
-
2010
5
$75,810
27%
2011
10
$56,218
-25.8%
2012
10
$88,290
57.1%
2013
20
$64,800
-26.6%
2014
16
$74,147
14.4%
2015
19
$50,774
-31.5%
2016
10
$61,688
21.5%
2017
18
$55,590
-9.9%
2018
9
$55,000
-1.1%

Median property tax
Median sale price
Effective property tax rate
2009
$3,063.80
$59,670
5.1%
2010
$2,980.30
$75,810
3.9%
2012
$6,317.40
$88,290
7.2%
2013
$3,448.69
$64,800
5.3%
2015
$2,990.66
$50,774
5.9%
2016
$1,279.27
$61,688
2.1%
2017
$784.99
$55,590
1.4%

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