Quantcast

Galesburg Reporter

Tuesday, November 5, 2024

Q3 real estate sales report: Gilson

Re 10

Median prices rose in Gilson over last year, and are up 709.4 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 4 homes sold in Gilson for a median price of $156,250. That's 200.4 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Gilson.

Median property tax for homeowners in Gilson was $1,029.32 in 2017 according to tax data from that year. That means homeowners pay 2 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.

Gilson real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
4
$19,305
-
2010
1
$108,300
461%
2011
1
$62,150
-42.6%
2012
3
$63,220
1.7%
2013
3
$170,100
169.1%
2014
3
$20,670
-87.8%
2017
1
$52,020
151.7%
2018
4
$156,250
200.4%

Median property tax
Median sale price
Effective property tax rate
2009
$805.99
$19,305
4.2%
2010
$2,305.53
$108,300
2.1%
2011
$1,430.39
$62,150
2.3%
2012
$1,011.56
$63,220
1.6%
2013
$3,191.98
$170,100
1.9%
2014
$1,680.17
$20,670
8.1%
2017
$1,029.32
$52,020
2%

MORE NEWS