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Wednesday, April 24, 2024

Q2 real estate sales report: Rantoul

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Median prices declined in Rantoul over last year, and are down 7.8 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 34 homes sold in Rantoul for a median price of $67,950. That's 4.8 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Rantoul was $2,004 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.

Rantoul real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
33
$73,710
-
2010
46
$68,058
-7.7%
2011
42
$52,771
-22.5%
2012
45
$65,400
23.9%
2013
57
$51,840
-20.7%
2014
46
$48,760
-5.9%
2015
52
$49,555
1.6%
2016
65
$52,500
5.9%
2017
67
$71,400
36%
2018
34
$67,950
-4.8%

Median property tax
Median sale price
Effective property tax rate
2009
$2,159.63
$73,710
2.9%
2010
$2,098.96
$68,058
3.1%
2011
$2,022.62
$52,771
3.8%
2012
$2,058.87
$65,400
3.1%
2013
$2,055.75
$51,840
4%
2014
$1,870.61
$48,760
3.8%
2015
$2,118.33
$49,555
4.3%
2016
$1,591.80
$52,500
3%
2017
$2,004
$71,400
2.8%

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