Q1 real estate sales report: Ridge Farm
From January to March, 2 homes sold in Ridge Farm for a median price of $50,000. That's 15.3 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Ridge Farm.
Median property tax for homeowners in Ridge Farm was $1,321.66 in 2016 according to tax data from that year. That means homeowners pay 3.8 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.