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Thursday, November 21, 2024

Q2 real estate sales report: Cisco

Realestate1

Median prices declined in Cisco over last year, and are down 92.9 percent over 4 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 1 home sold in Cisco for a price of $9,000. That's 81.2 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Cisco.

Median property tax for homeowners in Cisco was $1,708.26 in 2016 according to tax data from that year. That means homeowners pay 1.8 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.

Cisco real estate: Q2 2015-2018
Properties sold
Median sale price
Change in sale price
2015
1
$127,200
-
2016
4
$97,388
-23.4%
2017
2
$47,940
-50.8%
2018
1
$9,000
-81.2%

Median property tax
Median sale price
Effective property tax rate
2015
$2,369.90
$127,200
1.9%
2016
$1,708.25
$97,388
1.8%

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