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Will County Gazette

Tuesday, April 16, 2024

Q2 real estate sales report: Monee

Realestate4

Median prices rose in Monee over last year, and are down 9.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 23 homes sold in Monee for a median price of $184,500. That's 2.2 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 2 homes in Monee were in foreclosure.

Median property tax for homeowners in Monee was $6,732.90 in 2017 according to tax data from that year. That means homeowners pay 3.7 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.

Monee real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
29
$204,750
-
2010
23
$174,420
-14.8%
2011
15
$203,400
16.6%
2012
32
$129,165
-36.5%
2013
19
$162,000
25.4%
2014
33
$131,440
-18.9%
2015
15
$145,962
11%
2016
36
$164,063
12.4%
2017
19
$180,540
10%
2018
23
$184,500
2.2%

Median property tax
Median sale price
Effective property tax rate
2010
$5,755.74
$174,420
3.3%
2011
$6,456.34
$203,400
3.2%
2012
$5,403.94
$129,165
4.2%
2013
$4,937.37
$162,000
3%
2014
$5,322.87
$131,440
4%
2015
$6,129.66
$145,962
4.2%
2016
$5,960.25
$164,063
3.6%
2017
$6,732.89
$180,540
3.7%

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