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Will County Gazette

Sunday, December 22, 2024

Q3 real estate sales report: Plainfield

Realestate077

Median prices rose in Plainfield over last year, and are up 3 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 225 homes sold in Plainfield for a median price of $295,000. That's 3.5 percent higher than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in Plainfield was $6,730.51 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.

Plainfield real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
260
$286,358
-
2010
223
$281,580
-1.7%
2011
273
$254,250
-9.7%
2012
321
$243,070
-4.4%
2013
365
$259,200
6.6%
2014
316
$259,847
0.2%
2015
296
$280,105
7.8%
2016
263
$299,250
6.8%
2017
228
$285,039
-4.7%
2018
225
$295,000
3.5%

Median property tax
Median sale price
Effective property tax rate
2009
$11,648.66
$286,358
4.1%
2010
$7,586.28
$281,580
2.7%
2011
$7,340.72
$254,250
2.9%
2012
$6,675.57
$243,070
2.7%
2013
$6,824.08
$259,200
2.6%
2014
$6,544.44
$259,847
2.5%
2015
$7,292.50
$280,105
2.6%
2016
$7,716.30
$299,250
2.6%
2017
$6,730.51
$285,039
2.4%

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