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Wednesday, January 1, 2025

Q3 real estate sales report: Erie

Realestate1

Median prices rose in Erie over last year, and are up 9.2 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 19 homes sold in Erie for a median price of $115,000. That's 26.7 percent higher than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in Erie was $1,156.41 in 2017 according to tax data from that year. That means homeowners pay 1.3 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.

Erie real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$105,300
-
2010
8
$72,390
-31.3%
2011
5
$45,200
-37.6%
2012
12
$86,383
91.1%
2013
8
$79,920
-7.5%
2014
14
$95,135
19%
2015
13
$121,900
28.1%
2016
5
$145,950
19.7%
2017
8
$90,780
-37.8%
2018
19
$115,000
26.7%

Median property tax
Median sale price
Effective property tax rate
2009
$1,851.12
$105,300
1.8%
2010
$1,061.68
$72,390
1.5%
2011
$570.17
$45,200
1.3%
2012
$1,326.17
$86,383
1.5%
2013
$1,913.99
$79,920
2.4%
2014
$1,843.18
$95,135
1.9%
2015
$2,203.57
$121,900
1.8%
2016
$1,717.38
$145,950
1.2%
2017
$1,156.41
$90,780
1.3%

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