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Will County Gazette

Tuesday, April 23, 2024

Q2 real estate sales report: Homer Glen

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Median prices declined in Homer Glen over last year, and are up 2.7 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 86 homes sold in Homer Glen for a median price of $307,500. That's 6.1 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, 1 home in Homer Glen was in foreclosure.

Median property tax for homeowners in Homer Glen was $7,512.44 in 2017 according to tax data from that year. That means homeowners pay 2.3 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.

Homer Glen real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
34
$299,520
-
2010
79
$307,800
2.8%
2011
67
$310,750
1%
2012
88
$251,245
-19.1%
2013
84
$252,180
0.4%
2014
107
$265,000
5.1%
2015
79
$291,500
10%
2016
76
$301,875
3.6%
2017
98
$327,573
8.5%
2018
86
$307,500
-6.1%

Median property tax
Median sale price
Effective property tax rate
2010
$7,623.97
$307,800
2.5%
2011
$8,264.48
$310,750
2.7%
2012
$6,911.40
$251,245
2.8%
2013
$6,858.57
$252,180
2.7%
2014
$7,002.02
$265,000
2.6%
2015
$7,549.99
$291,500
2.6%
2016
$7,817.44
$301,875
2.6%
2017
$7,512.44
$327,573
2.3%

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