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Will County Gazette

Friday, November 22, 2024

Q3 real estate sales report: Minooka

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Median prices rose in Minooka over last year, and are up 6.5 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 80 homes sold in Minooka for a median price of $221,750. That's 14.9 percent higher than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in Minooka was $4,689.56 in 2017 according to tax data from that year. That means homeowners pay 2.4 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.

Minooka real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
43
$208,260
-
2010
45
$178,980
-14.1%
2011
54
$167,523
-6.4%
2012
60
$160,775
-4%
2013
85
$176,580
9.8%
2014
80
$206,435
16.9%
2015
70
$198,750
-3.7%
2016
82
$208,702
5%
2017
92
$193,035
-7.5%
2018
80
$221,750
14.9%

Median property tax
Median sale price
Effective property tax rate
2009
$5,113.01
$208,260
2.5%
2010
$4,297.68
$178,980
2.4%
2011
$4,300.11
$167,523
2.6%
2012
$4,615.50
$160,775
2.9%
2013
$4,100.04
$176,580
2.3%
2014
$4,152.48
$206,435
2%
2015
$4,397.45
$198,750
2.2%
2016
$5,290.14
$208,702
2.5%
2017
$4,689.56
$193,035
2.4%

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