From January to March, 2 homes sold in Galt for a median price of $100,200. That's 53.5 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Galt.
Median property tax for homeowners in Galt was $1,130.09 in 2016 according to tax data from that year. That means homeowners pay 13.5 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Galt real estate: Q1 2010-2018
Properties sold
Median sale price
Change in sale price
2010
1
$31,920
-
2011
1
$67,800
112.4%
2013
1
$143,100
111.1%
2016
1
$8,400
-94.1%
2017
2
$65,280
677.1%
2018
2
$100,200
53.5%
Median property tax
Median sale price
Effective property tax rate
2010
$1,051.83
$31,920
3.3%
2011
$1,082.15
$67,800
1.6%
2013
$1,900.06
$143,100
1.3%
2016
$1,130.09
$8,400
13.5%
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