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Carbondale Reporter

Friday, November 22, 2024

Q3 real estate sales report: Makanda

Re 12

Median prices declined in Makanda over last year, and are down 35.5 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 7 homes sold in Makanda for a median price of $115,000. That's 49 percent lower than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in Makanda was $5,028.61 in 2017 according to tax data from that year. That means homeowners pay 2.2 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.

Makanda real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$178,425
-
2010
4
$162,450
-9%
2011
1
$292,670
80.2%
2012
9
$107,910
-63.1%
2013
3
$27,000
-75%
2014
6
$133,560
394.7%
2015
5
$205,640
54%
2016
2
$79,472
-61.4%
2017
8
$225,420
183.6%
2018
7
$115,000
-49%

Median property tax
Median sale price
Effective property tax rate
2009
$3,322.22
$178,425
1.9%
2010
$2,054.20
$162,450
1.3%
2011
$7,344.86
$292,670
2.5%
2012
$1,442.44
$107,910
1.3%
2013
$796.30
$27,000
2.9%
2014
$2,741.80
$133,560
2.1%
2015
$2,621.21
$205,640
1.3%
2016
$1,812.14
$79,472
2.3%
2017
$5,028.61
$225,420
2.2%

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