From January to March, 3 homes sold in German Valley for a median price of $148,000. That's 14.9 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in German Valley.
Median property tax for homeowners in German Valley was $1,456.27 in 2013 according to tax data from that year. That means homeowners pay 5.2 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.
German Valley real estate: Q1 2010-2018
Properties sold
Median sale price
Change in sale price
2010
1
$146,490
-
2012
1
$109,279
-25.4%
2013
1
$28,080
-74.3%
2017
2
$128,775
358.6%
2018
3
$148,000
14.9%
Median property tax
Median sale price
Effective property tax rate
2010
$3,215.07
$146,490
2.2%
2012
$2,524.22
$109,279
2.3%
2013
$1,456.27
$28,080
5.2%
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