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Thursday, April 25, 2024

Q4 real estate sales report: Hometown

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Median prices rose in Hometown over last year, and are down 17.2 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 12 homes sold in Hometown for a median price of $139,500. That's 27.2 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 1 home in Hometown was in foreclosure.

Median property tax for homeowners in Hometown was $3,695.50 in 2017 according to tax data from that year. That means homeowners pay 3.4 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.

Hometown real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
11
$168,480
-
2010
11
$102,600
-39.1%
2011
14
$85,315
-16.8%
2012
19
$78,480
-8%
2013
18
$70,200
-10.6%
2014
16
$84,270
20%
2015
19
$72,080
-14.5%
2016
20
$90,300
25.3%
2017
24
$109,650
21.4%
2018
12
$139,500
27.2%

Median property tax
Median sale price
Effective property tax rate
2009
$3,631.64
$168,480
2.2%
2010
$4,372.74
$102,600
4.3%
2011
$3,274.70
$85,315
3.8%
2012
$3,139.40
$78,480
4%
2013
$2,957.29
$70,200
4.2%
2014
$2,614.27
$84,270
3.1%
2015
$2,905.44
$72,080
4%
2016
$3,235.62
$90,300
3.6%
2017
$3,695.50
$109,650
3.4%

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