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Tuesday, November 26, 2024

Q2 real estate sales report: Monticello

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Median prices declined in Monticello over last year, and are down 9.3 percent over 9 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 51 homes sold in Monticello for a median price of $139,000. That's 9.2 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Monticello was $2,546.19 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.

Monticello real estate: Q2 2010-2018
Properties sold
Median sale price
Change in sale price
2010
1
$153,330
-
2015
56
$145,750
-4.9%
2016
49
$141,750
-2.7%
2017
50
$153,051
8%
2018
51
$139,000
-9.2%

Median property tax
Median sale price
Effective property tax rate
2010
$3,051.98
$153,330
2%
2015
$2,594.67
$145,750
1.8%
2016
$2,546.18
$141,750
1.8%

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