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Will County Gazette

Thursday, April 25, 2024

Q3 real estate sales report: Crest Hill

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Median prices rose in Crest Hill over last year, and are up 11.7 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 83 homes sold in Crest Hill for a median price of $169,900. That's 5.4 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 1 home in Crest Hill was in foreclosure.

Median property tax for homeowners in Crest Hill was $3,690.89 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.

Crest Hill real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
79
$152,100
-
2010
62
$149,625
-1.6%
2011
80
$129,950
-13.1%
2012
90
$133,315
2.6%
2013
108
$136,080
2.1%
2014
109
$127,200
-6.5%
2015
104
$144,955
14%
2016
91
$157,500
8.7%
2017
66
$161,160
2.3%
2018
83
$169,900
5.4%

Median property tax
Median sale price
Effective property tax rate
2010
$4,088.88
$149,625
2.7%
2011
$3,883.97
$129,950
3%
2012
$3,747.67
$133,315
2.8%
2013
$3,449.40
$136,080
2.5%
2014
$3,199.75
$127,200
2.5%
2015
$3,415.07
$144,955
2.4%
2016
$3,516.30
$157,500
2.2%
2017
$3,690.89
$161,160
2.3%

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