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Thursday, January 23, 2025

Q2 real estate sales report: Nelson

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Median prices declined in Nelson over last year, and are down 90.4 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 1 home sold in Nelson for a price of $33,000. That's 46.5 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Nelson.

Median property tax for homeowners in Nelson was $1,602.22 in 2017 according to tax data from that year. That means homeowners pay 2.6 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.

Nelson real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
7
$343,395
-
2010
1
$84,930
-75.3%
2011
1
$11,865
-86%
2013
1
$134,460
1033.2%
2014
3
$68,900
-48.8%
2017
2
$61,710
-10.4%
2018
1
$33,000
-46.5%

Median property tax
Median sale price
Effective property tax rate
2009
$2,275.46
$343,395
0.7%
2010
$822.78
$84,930
1%
2011
$1,364.24
$11,865
11.5%
2013
$4,509.73
$134,460
3.4%
2014
$2,297.02
$68,900
3.3%
2017
$1,602.21
$61,710
2.6%

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