Q3 real estate sales report: Lake Butter

By Local Labs News Service | | Dec 4, 2018


Median prices rose in Lake Butter over last year, and are up 39.6 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 113 homes sold in Lake Butter for a median price of $672,000. That's 13.2 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 5 homes in Lake Butter were in foreclosure.

Median property tax for homeowners in Lake Butter was $7,976.66 in 2015 according to tax data from that year. That means homeowners pay 1.6 percent of their home's value in taxes.

Statewide, Florida homeowners pay an effective property tax rate of 1.1 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it 21st among U.S. states and the District of Columbia.

Lake Butter real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
38
$481,455
-
2010
53
$513,000
6.6%
2011
27
$491,550
-4.2%
2012
61
$464,340
-5.5%
2013
164
$518,346
11.6%
2014
170
$558,620
7.8%
2015
150
$487,600
-12.7%
2016
106
$559,178
14.7%
2017
106
$593,640
6.2%
2018
113
$672,000
13.2%

Median property tax
Median sale price
Effective property tax rate
2013
$5,987.64
$518,346
1.2%
2014
$6,343.41
$558,620
1.1%
2015
$7,976.65
$487,600
1.6%

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