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Monday, December 23, 2024

Q3 real estate sales report: Compton

Realestate1

Median prices rose in Compton over last year, and are down 35.5 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 2 homes sold in Compton for a median price of $44,500. That's 336.3 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Compton.

Median property tax for homeowners in Compton was $2,453.02 in 2017 according to tax data from that year. That means homeowners pay 24 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.

Compton real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$69,030
-
2010
3
$28,500
-58.7%
2011
2
$139,838
390.7%
2012
1
$81,750
-41.5%
2013
3
$29,700
-63.7%
2014
2
$17,093
-42.4%
2016
1
$66,150
287%
2017
1
$10,200
-84.6%
2018
2
$44,500
336.3%

Median property tax
Median sale price
Effective property tax rate
2009
$675.46
$69,030
1%
2010
$950.28
$28,500
3.3%
2011
$5,188.70
$139,838
3.7%
2012
$2,213.20
$81,750
2.7%
2013
$2,273.16
$29,700
7.7%
2014
$1,534.08
$17,093
9%
2016
$4,078.17
$66,150
6.2%
2017
$2,453.01
$10,200
24%

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