From January to March, 3 homes sold in Towanda for a median price of $115,000. That's 12.7 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Towanda.
Median property tax for homeowners in Towanda was $2,797.12 in 2014 according to tax data from that year. That means homeowners pay 1.7 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.
Towanda real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
2
$85,995
-
2010
1
$267,900
211.5%
2011
3
$114,130
-57.4%
2012
2
$284,327
149.1%
2013
1
$205,200
-27.8%
2014
2
$161,650
-21.2%
2016
6
$127,575
-21.1%
2017
3
$102,000
-20%
2018
3
$115,000
12.7%
Median property tax
Median sale price
Effective property tax rate
2009
$2,470.22
$85,995
2.9%
2010
$5,525.53
$267,900
2.1%
2011
$2,238.10
$114,130
2%
2012
$5,501.41
$284,327
1.9%
2014
$2,797.11
$161,650
1.7%
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