Will County Gazette

Will County Gazette

Sunday, December 15, 2019

Q3 real estate sales report: Wellington Heights

Real Estate

By Local Labs News Service | Feb 19, 2019

Re 1

Median prices declined in Wellington Heights over last year, and are up 5.5 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 3 homes sold in Wellington Heights for a median price of $174,000. That's 10.1 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Wellington Heights.

Median property tax for homeowners in Wellington Heights was $3,994.75 in 2017 according to tax data from that year. That means homeowners pay 2.1 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.

Wellington Heights real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$164,868
-
2010
2
$156,464
-5.1%
2011
2
$139,329
-11%
2012
5
$125,350
-10%
2013
3
$118,800
-5.2%
2014
6
$155,555
30.9%
2015
3
$159,000
2.2%
2016
3
$170,100
7%
2017
1
$193,545
13.8%
2018
3
$174,000
-10.1%

Median property tax
Median sale price
Effective property tax rate
2010
$4,087.97
$156,464
2.6%
2011
$3,816.42
$139,329
2.7%
2012
$4,008.62
$125,350
3.2%
2013
$4,018.09
$118,800
3.4%
2014
$3,742.60
$155,555
2.4%
2015
$3,714.83
$159,000
2.3%
2016
$4,499.75
$170,100
2.6%
2017
$3,994.74
$193,545
2.1%

Want to get notified whenever we write about Will County Recorder ?

Sign-up Next time we write about Will County Recorder, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Will County Recorder

More News