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Will County Gazette

Monday, November 25, 2024

Q2 real estate sales report: Bolingbrook

Realestate2

Median prices rose in Bolingbrook over last year, and are up 21 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 260 homes sold in Bolingbrook for a median price of $226,500. That's 5.8 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 1 home in Bolingbrook was in foreclosure.

Median property tax for homeowners in Bolingbrook was $6,142.46 in 2017 according to tax data from that year. That means homeowners pay 2.9 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.

Bolingbrook real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
259
$187,200
-
2010
316
$177,726
-5.1%
2011
229
$169,500
-4.6%
2012
337
$152,600
-10%
2013
322
$176,310
15.5%
2014
423
$164,300
-6.8%
2015
210
$180,253
9.7%
2016
245
$204,750
13.6%
2017
254
$214,149
4.6%
2018
260
$226,500
5.8%

Median property tax
Median sale price
Effective property tax rate
2010
$5,416.09
$177,726
3%
2011
$5,652.10
$169,500
3.3%
2012
$5,143.81
$152,600
3.4%
2013
$5,769.01
$176,310
3.3%
2014
$5,329
$164,300
3.2%
2015
$6,219.28
$180,253
3.5%
2016
$6,664.03
$204,750
3.3%
2017
$6,142.46
$214,149
2.9%

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