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Illinois Valley Times

Thursday, November 21, 2024

Q2 real estate sales report: Minooka

Realestate5

Median prices declined in Minooka over last year, and are up 1.5 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 73 homes sold in Minooka for a median price of $190,000. That's 11.3 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Minooka.

Median property tax for homeowners in Minooka was $5,401.93 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 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Minooka real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
33
$187,200
-
2010
52
$192,660
2.9%
2011
51
$177,410
-7.9%
2012
44
$163,228
-8%
2013
89
$153,900
-5.7%
2014
60
$176,755
14.9%
2015
62
$194,510
10%
2016
70
$198,975
2.3%
2017
96
$214,149
7.6%
2018
73
$190,000
-11.3%

Median property tax
Median sale price
Effective property tax rate
2009
$4,574.74
$187,200
2.4%
2010
$4,851.64
$192,660
2.5%
2011
$4,619.16
$177,410
2.6%
2012
$4,140.41
$163,228
2.5%
2013
$4,340.02
$153,900
2.8%
2014
$3,911.34
$176,755
2.2%
2015
$4,814.73
$194,510
2.5%
2016
$4,726.69
$198,975
2.4%
2017
$5,401.93
$214,149
2.5%

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