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Carbondale Reporter

Thursday, April 25, 2024

Q1 real estate sales report: Murphysboro

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Median prices declined in Murphysboro over last year, and are down 23.3 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 21 homes sold in Murphysboro for a median price of $48,000. That's 27.6 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Murphysboro.

Median property tax for homeowners in Murphysboro was $1,726.41 in 2017 according to tax data from that year. That means homeowners pay 2.6 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Murphysboro real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
24
$62,595
-
2010
24
$80,085
27.9%
2011
32
$51,415
-35.8%
2012
29
$45,780
-11%
2013
28
$89,910
96.4%
2014
28
$91,690
2%
2015
42
$54,060
-41%
2016
40
$52,763
-2.4%
2017
34
$66,300
25.7%
2018
21
$48,000
-27.6%

Median property tax
Median sale price
Effective property tax rate
2009
$1,800.38
$62,595
2.9%
2010
$1,298.30
$80,085
1.6%
2011
$1,577.32
$51,415
3.1%
2012
$1,179.24
$45,780
2.6%
2013
$1,813.01
$89,910
2%
2014
$2,261.62
$91,690
2.5%
2015
$1,628.27
$54,060
3%
2016
$1,565.92
$52,763
3%
2017
$1,726.41
$66,300
2.6%

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