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Thursday, April 25, 2024

Q1 real estate sales report: Dolton

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Median prices rose in Dolton over last year, and are up 5.1 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 107 homes sold in Dolton for a median price of $61,500. That's 42.7 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, 31 homes in Dolton were in foreclosure.

Median property tax for homeowners in Dolton was $4,496.91 in 2016 according to tax data from that year. That means homeowners pay 11.9 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.

Dolton real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
59
$58,500
-
2010
80
$42,180
-27.9%
2011
53
$39,550
-6.2%
2012
44
$31,610
-20.1%
2013
71
$40,500
28.1%
2014
83
$31,800
-21.5%
2015
50
$34,185
7.5%
2016
61
$37,800
10.6%
2017
96
$43,095
14%
2018
107
$61,500
42.7%

Median property tax
Median sale price
Effective property tax rate
2009
$4,972.73
$58,500
8.5%
2010
$4,909.06
$42,180
11.6%
2011
$3,927.16
$39,550
9.9%
2012
$4,664.96
$31,610
14.8%
2013
$4,788.39
$40,500
11.8%
2014
$4,705
$31,800
14.8%
2015
$4,526.44
$34,185
13.2%
2016
$4,496.90
$37,800
11.9%

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