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Will County Gazette

Thursday, April 18, 2024

Q3 real estate sales report: Homer Glen

Realestate3

Median prices rose in Homer Glen over last year, and are down 9.8 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 86 homes sold in Homer Glen for a median price of $334,000. That's 7.4 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Homer Glen.

Median property tax for homeowners in Homer Glen was $7,275.31 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.

Homer Glen real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
66
$370,305
-
2010
71
$326,331
-11.9%
2011
67
$279,675
-14.3%
2012
86
$288,682
3.2%
2013
129
$286,200
-0.9%
2014
107
$277,720
-3%
2015
115
$302,100
8.8%
2016
120
$318,150
5.3%
2017
77
$311,100
-2.2%
2018
86
$334,000
7.4%

Median property tax
Median sale price
Effective property tax rate
2010
$8,727.29
$326,331
2.7%
2011
$7,489.32
$279,675
2.7%
2012
$7,627.98
$288,682
2.6%
2013
$7,267.03
$286,200
2.5%
2014
$6,932.42
$277,720
2.5%
2015
$7,380.69
$302,100
2.4%
2016
$7,818.52
$318,150
2.5%
2017
$7,275.31
$311,100
2.3%

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