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Will County Gazette

Thursday, April 25, 2024

Q2 real estate sales report: Coynes

Realestate4

Median prices rose in Coynes over last year, and are up 7.7 percent over 9 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 3 homes sold in Coynes for a median price of $167,000. That's 12.9 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Coynes.

Median property tax for homeowners in Coynes was $3,241.52 in 2017 according to tax data from that year. That means homeowners pay 2.2 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.

Coynes real estate: Q2 2010-2018
Properties sold
Median sale price
Change in sale price
2010
1
$155,040
-
2011
6
$137,634
-11.2%
2012
1
$254,458
84.9%
2013
2
$88,506
-65.2%
2014
1
$26,500
-70.1%
2015
2
$55,518
109.5%
2016
1
$81,900
47.5%
2017
1
$147,900
80.6%
2018
3
$167,000
12.9%

Median property tax
Median sale price
Effective property tax rate
2010
$2,888.44
$155,040
1.9%
2011
$4,327.97
$137,634
3.1%
2012
$3,989.85
$254,458
1.6%
2013
$2,487.90
$88,506
2.8%
2014
$2,847.66
$26,500
10.7%
2015
$2,450.15
$55,518
4.4%
2016
$2,806.27
$81,900
3.4%
2017
$3,241.51
$147,900
2.2%

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