From July to September, 35 homes sold in South Beloit for a median price of $127,000. That's 3.7 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 6 homes in South Beloit were in foreclosure.
Median property tax for homeowners in South Beloit was $0 in 2018 according to tax data from that year. That means homeowners pay 0 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.
South Beloit real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
33
$134,784
-
2010
19
$85,386
-36.6%
2011
21
$100,365
17.5%
2012
21
$119,900
19.5%
2013
33
$91,800
-23.4%
2014
31
$106,000
15.5%
2015
28
$108,603
2.5%
2016
37
$95,775
-11.8%
2017
33
$122,502
27.9%
2018
35
$127,000
3.7%
Median property tax
Median sale price
Effective property tax rate
2009
$3,413.03
$134,784
2.5%
2010
$2,636.77
$85,386
3.1%
2011
$2,792.34
$100,365
2.8%
2012
$3,647.27
$119,900
3%
2013
$3,491.03
$91,800
3.8%
2014
$2,934.69
$106,000
2.8%
2015
$3,406.51
$108,603
3.1%
2016
$3,353.38
$95,775
3.5%
2017
$3,148.16
$122,502
2.6%
2018
$0
$127,000
0%