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Galesburg Reporter

Tuesday, November 5, 2024

Q3 real estate sales report: Abingdon

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Median prices declined in Abingdon over last year, and are down 18.5 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 13 homes sold in Abingdon for a median price of $54,350. That's 6.5 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 2 homes in Abingdon were in foreclosure.

Median property tax for homeowners in Abingdon was $999.27 in 2017 according to tax data from that year. That means homeowners pay 1.7 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.

Abingdon real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
23
$66,690
-
2010
14
$45,600
-31.6%
2011
11
$71,190
56.1%
2012
11
$73,030
2.6%
2013
17
$61,560
-15.7%
2014
16
$37,895
-38.4%
2015
15
$33,390
-11.9%
2016
19
$37,800
13.2%
2017
13
$58,140
53.8%
2018
13
$54,350
-6.5%

Median property tax
Median sale price
Effective property tax rate
2009
$1,449.86
$66,690
2.2%
2010
$1,532.80
$45,600
3.4%
2011
$1,863.75
$71,190
2.6%
2012
$2,193.93
$73,030
3%
2013
$1,380.29
$61,560
2.2%
2014
$1,469.30
$37,895
3.9%
2015
$1,281.75
$33,390
3.8%
2016
$1,051.65
$37,800
2.8%
2017
$999.27
$58,140
1.7%

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