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Will County Gazette

Wednesday, May 8, 2024

Q4 real estate sales report: Steger

Realestate2

Median prices rose in Steger over last year, and are down 22.5 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 23 homes sold in Steger for a median price of $94,000. That's 1 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 3 homes in Steger were in foreclosure.

Median property tax for homeowners in Steger was $3,212.07 in 2017 according to tax data from that year. That means homeowners pay 3.5 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.

Steger real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
24
$121,280
-
2010
17
$110,010
-9.3%
2011
19
$82,490
-25%
2012
39
$49,323
-40.2%
2013
44
$79,740
61.7%
2014
30
$51,798
-35%
2015
21
$58,300
12.6%
2016
21
$63,000
8.1%
2017
40
$93,075
47.7%
2018
23
$94,000
1%

Median property tax
Median sale price
Effective property tax rate
2009
$3,246.24
$121,280
2.7%
2010
$3,639.47
$110,010
3.3%
2011
$3,000.57
$82,490
3.6%
2012
$3,799.43
$49,323
7.7%
2013
$3,569.22
$79,740
4.5%
2014
$3,144.47
$51,798
6.1%
2015
$3,570.65
$58,300
6.1%
2016
$2,521
$63,000
4%
2017
$3,212.07
$93,075
3.5%

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