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Macon Reporter

Monday, April 15, 2024

Q1 real estate sales report: Forsyth

Realestate4

Median prices declined in Forsyth over last year, and are down 8.2 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 3 homes sold in Forsyth for a median price of $235,000. That's 6.4 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Forsyth.

Median property tax for homeowners in Forsyth was $6,212 in 2017 according to tax data from that year. That means homeowners pay 2.5 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.

Forsyth real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
18
$255,989
-
2010
12
$107,445
-58%
2011
17
$164,980
53.5%
2012
18
$125,895
-23.7%
2013
13
$284,040
125.6%
2014
10
$155,820
-45.1%
2015
10
$215,180
38.1%
2016
14
$176,400
-18%
2017
13
$251,175
42.4%
2018
3
$235,000
-6.4%

Median property tax
Median sale price
Effective property tax rate
2009
$5,935.71
$255,989
2.3%
2010
$3,097.89
$107,445
2.9%
2011
$3,022.29
$164,980
1.8%
2012
$3,804.64
$125,895
3%
2013
$6,142.30
$284,040
2.2%
2014
$3,417.48
$155,820
2.2%
2015
$4,903.67
$215,180
2.3%
2016
$4,111.71
$176,400
2.3%
2017
$6,212
$251,175
2.5%

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