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Will County Gazette

Thursday, April 25, 2024

Q2 real estate sales report: New Lenox

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Median prices declined in New Lenox over last year, and are down 2.8 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 139 homes sold in New Lenox for a median price of $265,000. That's 3.4 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in New Lenox.

Median property tax for homeowners in New Lenox was $6,250.93 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.

New Lenox real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
74
$272,610
-
2010
111
$250,800
-8%
2011
85
$231,650
-7.6%
2012
109
$253,921
9.6%
2013
157
$240,840
-5.2%
2014
184
$243,383
1.1%
2015
142
$255,990
5.2%
2016
135
$269,851
5.4%
2017
157
$274,380
1.7%
2018
139
$265,000
-3.4%

Median property tax
Median sale price
Effective property tax rate
2010
$6,079.96
$250,800
2.4%
2011
$6,027.80
$231,650
2.6%
2012
$6,149.27
$253,921
2.4%
2013
$5,742.53
$240,840
2.4%
2014
$6,349.41
$243,383
2.6%
2015
$6,278.08
$255,990
2.5%
2016
$6,702.23
$269,851
2.5%
2017
$6,250.92
$274,380
2.3%

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