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Will County Gazette

Friday, April 19, 2024

Q3 real estate sales report: Bolingbrook

Realestate1

Median prices declined in Bolingbrook over last year, and are up 21.9 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 273 homes sold in Bolingbrook for a median price of $216,000. That's 3.7 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 2 homes in Bolingbrook were in foreclosure.

Median property tax for homeowners in Bolingbrook was $6,209.11 in 2017 according to tax data from that year. That means homeowners pay 2.8 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.

Bolingbrook real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
298
$177,255
-
2010
277
$188,555
6.4%
2011
243
$172,890
-8.3%
2012
335
$179,850
4%
2013
407
$183,600
2.1%
2014
427
$180,730
-1.6%
2015
291
$185,500
2.6%
2016
297
$214,725
15.8%
2017
239
$224,400
4.5%
2018
273
$216,000
-3.7%

Median property tax
Median sale price
Effective property tax rate
2010
$5,442.65
$188,555
2.9%
2011
$5,388.99
$172,890
3.1%
2012
$5,585.96
$179,850
3.1%
2013
$5,587.98
$183,600
3%
2014
$5,387.81
$180,730
3%
2015
$5,854.82
$185,500
3.2%
2016
$6,684.11
$214,725
3.1%
2017
$6,209.10
$224,400
2.8%

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