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Friday, November 22, 2024

Q2 real estate sales report: Calumet City

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Median prices declined in Calumet City over last year, and are up 27.2 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 132 homes sold in Calumet City for a median price of $75,500. That's 0.6 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, 32 homes in Calumet City were in foreclosure.

Median property tax for homeowners in Calumet City was $5,003.20 in 2017 according to tax data from that year. That means homeowners pay 6.6 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.

Calumet City real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
94
$59,378
-
2010
102
$61,275
3.2%
2011
73
$57,630
-5.9%
2012
87
$39,785
-31%
2013
125
$46,440
16.7%
2014
91
$49,290
6.1%
2015
98
$47,700
-3.2%
2016
123
$58,800
23.3%
2017
126
$75,990
29.2%
2018
132
$75,500
-0.6%

Median property tax
Median sale price
Effective property tax rate
2009
$5,270.84
$59,378
8.9%
2010
$5,038.53
$61,275
8.2%
2011
$4,524.62
$57,630
7.9%
2012
$4,468.49
$39,785
11.2%
2013
$4,697.21
$46,440
10.1%
2014
$4,373.33
$49,290
8.9%
2015
$4,256.31
$47,700
8.9%
2016
$4,518
$58,800
7.7%
2017
$5,003.19
$75,990
6.6%

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