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Thursday, April 18, 2024

Q1 real estate sales report: Justice

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Median prices rose in Justice over last year, and are up 12.8 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 28 homes sold in Justice for a median price of $201,250. That's 32.2 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, 1 home in Justice was in foreclosure.

Median property tax for homeowners in Justice was $4,673.75 in 2016 according to tax data from that year. That means homeowners pay 3.1 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.

Justice real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
12
$178,425
-
2010
15
$136,800
-23.3%
2011
18
$157,070
14.8%
2012
15
$120,990
-23%
2013
27
$108,000
-10.7%
2014
12
$133,560
23.7%
2015
20
$153,700
15.1%
2016
26
$150,150
-2.3%
2017
16
$152,235
1.4%
2018
28
$201,250
32.2%

Median property tax
Median sale price
Effective property tax rate
2009
$5,443.44
$178,425
3.1%
2010
$4,742.11
$136,800
3.5%
2011
$4,756.32
$157,070
3%
2012
$4,735.48
$120,990
3.9%
2013
$4,587.20
$108,000
4.2%
2014
$3,953.37
$133,560
3%
2015
$5,137.68
$153,700
3.3%
2016
$4,673.74
$150,150
3.1%

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