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Will County Gazette

Saturday, April 20, 2024

Q1 real estate sales report: Mokena

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Median prices rose in Mokena over last year, and are down 17.8 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 24 homes sold in Mokena for a median price of $266,000. That's 0.3 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Mokena.

Median property tax for homeowners in Mokena was $0 in 2017 according to tax data from that year. That means homeowners pay 0 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Mokena real estate: Q1 2009-2018

Properties sold
Median sale price
Change in sale price
2009
35
$323,505
-
2010
51
$247,380
-23.5%
2011
46
$303,688
22.8%
2012
58
$196,218
-35.4%
2013
74
$252,450
28.7%
2014
64
$247,611
-1.9%
2015
32
$233,651
-5.6%
2016
49
$262,500
12.3%
2017
65
$265,200
1%
2018
24
$266,000
0.3%

Median property tax
Median sale price
Effective property tax rate
2010
$5,885.31
$247,380
2.4%
2011
$8,660.45
$303,688
2.9%
2012
$6,236.26
$196,218
3.2%
2013
$7,035.22
$252,450
2.8%
2014
$6,849.86
$247,611
2.8%
2015
$5,686.34
$233,651
2.4%
2016
$6,651.93
$262,500
2.5%
2017
$0
$265,200
0%

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