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Monday, November 25, 2024

Q2 real estate sales report: Shannon

Realestate4

Median prices declined in Shannon over last year, and are up 33.3 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 3 homes sold in Shannon for a median price of $78,000. That's 27.2 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Shannon was $1,792.82 in 2016 according to tax data from that year. That means homeowners pay 2.3 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.

Shannon real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
5
$58,500
-
2010
5
$96,900
65.6%
2011
6
$53,223
-45.1%
2012
7
$89,380
67.9%
2013
3
$116,640
30.5%
2014
3
$63,070
-45.9%
2015
3
$93,280
47.9%
2016
6
$76,913
-17.5%
2017
3
$107,100
39.2%
2018
3
$78,000
-27.2%

Median property tax
Median sale price
Effective property tax rate
2009
$1,289.94
$58,500
2.2%
2010
$2,093.13
$96,900
2.2%
2011
$633.15
$53,223
1.2%
2012
$2,309.71
$89,380
2.6%
2013
$2,657.01
$116,640
2.3%
2014
$1,447.02
$63,070
2.3%
2015
$2,120.91
$93,280
2.3%
2016
$1,792.82
$76,913
2.3%

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