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Tuesday, November 26, 2024

Q2 real estate sales report: Blue Island

Realestate1

Median prices rose in Blue Island over last year, and are up 12.5 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 60 homes sold in Blue Island for a median price of $118,500. That's 5.6 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 9 homes in Blue Island were in foreclosure.

Median property tax for homeowners in Blue Island was $4,409.54 in 2017 according to tax data from that year. That means homeowners pay 3.9 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.

Blue Island real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
20
$105,300
-
2010
44
$91,200
-13.4%
2011
28
$53,110
-41.8%
2012
23
$44,145
-16.9%
2013
44
$44,550
0.9%
2014
47
$68,900
54.7%
2015
48
$56,445
-18.1%
2016
56
$102,375
81.4%
2017
49
$112,200
9.6%
2018
60
$118,500
5.6%

Median property tax
Median sale price
Effective property tax rate
2009
$4,944.03
$105,300
4.7%
2010
$5,045.63
$91,200
5.5%
2011
$3,992.78
$53,110
7.5%
2012
$3,920.42
$44,145
8.9%
2013
$4,291.43
$44,550
9.6%
2014
$3,896.11
$68,900
5.7%
2015
$4,093.58
$56,445
7.3%
2016
$4,241.59
$102,375
4.1%
2017
$4,409.54
$112,200
3.9%

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