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Wednesday, February 26, 2020

Q4 real estate sales report: Royal

Real Estate

By Local Labs News Service | Mar 29, 2019

Re 10

Median prices rose in Royal over last year, and are up 3.1 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 3 homes sold in Royal for a median price of $138,100. That's 26.2 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Royal was $3,152.25 in 2017 according to tax data from that year. That means homeowners pay 2.9 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.

Royal real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
4
$133,965
-
2013
3
$124,200
-7.3%
2014
1
$21,200
-82.9%
2015
2
$166,420
685%
2016
4
$106,313
-36.1%
2017
1
$109,395
2.9%
2018
3
$138,100
26.2%

Median property tax
Median sale price
Effective property tax rate
2009
$2,461.48
$133,965
1.8%
2013
$2,753.22
$124,200
2.2%
2014
$362.28
$21,200
1.7%
2015
$3,812.80
$166,420
2.3%
2016
$2,963.81
$106,313
2.8%
2017
$3,152.24
$109,395
2.9%

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The Office of Champaign County Recorder of Deeds

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