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Friday, April 26, 2024

Q4 real estate sales report: Glenwood

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Median prices declined in Glenwood over last year, and are down 20.9 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 21 homes sold in Glenwood for a median price of $100,000. That's 5 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 5 homes in Glenwood were in foreclosure.

Median property tax for homeowners in Glenwood was $4,718.15 in 2017 according to tax data from that year. That means homeowners pay 4.5 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
37
$126,360
-
2010
19
$67,260
-46.8%
2011
25
$50,850
-24.4%
2012
42
$122,625
141.2%
2013
36
$66,150
-46.1%
2014
34
$97,520
47.4%
2015
48
$90,100
-7.6%
2016
42
$73,238
-18.7%
2017
64
$105,315
43.8%
2018
21
$100,000
-5%

Median property tax
Median sale price
Effective property tax rate
2009
$5,623.58
$126,360
4.5%
2010
$4,045.63
$67,260
6%
2011
$3,494.88
$50,850
6.9%
2012
$5,375.54
$122,625
4.4%
2013
$3,217.24
$66,150
4.9%
2014
$4,574.72
$97,520
4.7%
2015
$4,621.69
$90,100
5.1%
2016
$5,233.02
$73,238
7.1%
2017
$4,718.14
$105,315
4.5%

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