From October to December, 1 home sold in Grimes Addition for a price of $5,000. That's 81.1 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Grimes Addition.
Median property tax for homeowners in Grimes Addition was $1,354.46 in 2017 according to tax data from that year. That means homeowners pay 5.1 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.
Grimes Addition real estate: Q4 2010-2018
Properties sold
Median sale price
Change in sale price
2010
1
$159,600
-
2011
1
$39,550
-75.2%
2012
2
$50,413
27.5%
2014
1
$7,420
-85.3%
2015
1
$132,500
1685.7%
2016
2
$37,223
-71.9%
2017
5
$26,520
-28.8%
2018
1
$5,000
-81.1%
Median property tax
Median sale price
Effective property tax rate
2010
$3,133.01
$159,600
2%
2011
$776.53
$39,550
2%
2012
$1,443.61
$50,413
2.9%
2014
$1,258.41
$7,420
17%
2015
$1,098.83
$132,500
0.8%
2016
$331.31
$37,223
0.9%
2017
$1,354.45
$26,520
5.1%