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Thursday, November 28, 2024

Q4 real estate sales report: Amboy

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Median prices rose in Amboy over last year, and are up 38.9 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 10 homes sold in Amboy for a median price of $84,500. That's 14.3 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Amboy.

Median property tax for homeowners in Amboy was $2,089.33 in 2017 according to tax data from that year. That means homeowners pay 2.8 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.

Amboy real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
14
$60,840
-
2010
4
$41,610
-31.6%
2011
2
$61,020
46.6%
2012
9
$24,525
-59.8%
2013
7
$49,680
102.6%
2014
11
$42,400
-14.7%
2015
7
$46,375
9.4%
2016
11
$48,300
4.2%
2017
11
$73,950
53.1%
2018
10
$84,500
14.3%

Median property tax
Median sale price
Effective property tax rate
2009
$1,294.40
$60,840
2.1%
2010
$932.89
$41,610
2.2%
2011
$2,507.92
$61,020
4.1%
2012
$1,664.88
$24,525
6.8%
2013
$2,326.36
$49,680
4.7%
2014
$1,663.69
$42,400
3.9%
2015
$2,954.26
$46,375
6.4%
2016
$1,558.07
$48,300
3.2%
2017
$2,089.32
$73,950
2.8%

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