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Will County Gazette

Thursday, April 25, 2024

Q3 real estate sales report: Coynes

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Median prices rose in Coynes over last year, and are up 178.4 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 2 homes sold in Coynes for a median price of $179,500. That's 32.1 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Coynes.

Median property tax for homeowners in Coynes was $2,864.62 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.

Coynes real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$64,467
-
2010
4
$178,731
177.2%
2011
1
$102,830
-42.5%
2012
3
$40,875
-60.2%
2013
3
$46,333
13.4%
2014
4
$126,139
172.2%
2015
2
$103,827
-17.7%
2016
1
$112,233
8.1%
2017
4
$135,915
21.1%
2018
2
$179,500
32.1%

Median property tax
Median sale price
Effective property tax rate
2010
$5,009.77
$178,731
2.8%
2011
$3,582.19
$102,830
3.5%
2012
$3,014.32
$40,875
7.4%
2013
$1,681.73
$46,333
3.6%
2014
$2,156.41
$126,139
1.7%
2015
$2,486.98
$103,827
2.4%
2016
$3,010.81
$112,233
2.7%
2017
$2,864.61
$135,915
2.1%

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