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Galesburg Reporter

Wednesday, November 6, 2024

Q2 real estate sales report: Williamsfield

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Median prices declined in Williamsfield over last year, and are up 201.7 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 6 homes sold in Williamsfield for a median price of $60,000. That's 54.8 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Williamsfield was $8,745 in 2014 according to tax data from that year. That means homeowners pay 13.3 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.

Williamsfield real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$19,890
-
2010
6
$79,230
298.3%
2011
6
$68,083
-14.1%
2012
2
$66,763
-1.9%
2013
2
$64,800
-2.9%
2014
3
$65,720
1.4%
2017
7
$132,600
101.8%
2018
6
$60,000
-54.8%

Median property tax
Median sale price
Effective property tax rate
2009
$8,587.80
$19,890
43.2%
2010
$22,668.90
$79,230
28.6%
2011
$20,283.50
$68,083
29.8%
2012
$20,699.10
$66,763
31%
2013
$5,541.29
$64,800
8.6%
2014
$8,745
$65,720
13.3%

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