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Galesburg Reporter

Wednesday, November 6, 2024

Q2 real estate sales report: Wataga

Realestate2

Median prices rose in Wataga over last year, and are down 9.8 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 2 homes sold in Wataga for a median price of $47,500. That's 86.3 percent higher than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Wataga was $26,890.50 in 2016 according to tax data from that year. That means homeowners pay 39.4 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.

Wataga real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
7
$52,650
-
2010
2
$81,510
54.8%
2012
4
$38,968
-52.2%
2013
2
$126,900
225.7%
2014
5
$39,750
-68.7%
2015
9
$50,880
28%
2016
3
$68,250
34.1%
2017
6
$25,500
-62.6%
2018
2
$47,500
86.3%

Median property tax
Median sale price
Effective property tax rate
2009
$23,013.90
$52,650
43.7%
2010
$17,265.30
$81,510
21.2%
2012
$19,467.40
$38,968
50%
2013
$32,765.11
$126,900
25.8%
2014
$13,864.80
$39,750
34.9%
2015
$20,309.60
$50,880
39.9%
2016
$26,890.50
$68,250
39.4%

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