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Thursday, April 25, 2024

Q2 real estate sales report: Glenwood

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Median prices rose in Glenwood over last year, and are up 1.3 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 44 homes sold in Glenwood for a median price of $104,250. That's 44 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 11 homes in Glenwood were in foreclosure.

Median property tax for homeowners in Glenwood was $5,359.09 in 2017 according to tax data from that year. That means homeowners pay 7.4 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.

Glenwood real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
20
$102,960
-
2010
31
$102,600
-0.3%
2011
13
$93,225
-9.1%
2012
36
$71,668
-23.1%
2013
43
$81,540
13.8%
2014
17
$79,500
-2.5%
2015
31
$71,550
-10%
2016
37
$110,250
54.1%
2017
55
$72,420
-34.3%
2018
44
$104,250
44%

Median property tax
Median sale price
Effective property tax rate
2009
$5,012.11
$102,960
4.9%
2010
$5,175.28
$102,600
5%
2011
$4,789.33
$93,225
5.1%
2012
$4,662.57
$71,668
6.5%
2013
$4,589.92
$81,540
5.6%
2014
$4,635.71
$79,500
5.8%
2015
$4,537.82
$71,550
6.3%
2016
$5,182.89
$110,250
4.7%
2017
$5,359.09
$72,420
7.4%

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