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Thursday, April 25, 2024

Q1 real estate sales report: Fulton

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Median prices declined in Fulton over last year, and are down 3.7 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 17 homes sold in Fulton for a median price of $90,000. That's 25.5 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Fulton.

Median property tax for homeowners in Fulton was $2,194.98 in 2016 according to tax data from that year. That means homeowners pay 2.4 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.

Fulton real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
17
$93,483
-
2010
15
$95,407
2.1%
2011
8
$80,230
-15.9%
2012
12
$64,310
-19.8%
2013
14
$69,930
8.7%
2014
12
$99,640
42.5%
2015
15
$119,250
19.7%
2016
19
$91,875
-23%
2017
20
$120,870
31.6%
2018
17
$90,000
-25.5%

Median property tax
Median sale price
Effective property tax rate
2009
$1,835.09
$93,483
2%
2010
$1,910.48
$95,407
2%
2011
$2,422.35
$80,230
3%
2012
$1,615.92
$64,310
2.5%
2013
$1,619.56
$69,930
2.3%
2014
$2,913.87
$99,640
2.9%
2015
$2,598.80
$119,250
2.2%
2016
$2,194.98
$91,875
2.4%

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