Will County Gazette

Will County Gazette

Tuesday, April 7, 2020

Q4 real estate sales report: Wolf Creek Island

Real Estate

By Local Labs News Service | Mar 31, 2019

Re 2

Median prices rose in Wolf Creek Island over last year, and are up 14.8 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 2 homes sold in Wolf Creek Island for a median price of $214,750. That's 93.4 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Wolf Creek Island.

Median property tax for homeowners in Wolf Creek Island was $3,235.24 in 2017 according to tax data from that year. That means homeowners pay 2.9 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.

Wolf Creek Island real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
3
$187,083
-
2010
5
$156,180
-16.5%
2012
2
$130,944
-16.2%
2013
1
$151,200
15.5%
2014
12
$99,375
-34.3%
2015
5
$143,100
44%
2016
1
$160,125
11.9%
2017
2
$111,053
-30.6%
2018
2
$214,750
93.4%

Median property tax
Median sale price
Effective property tax rate
2010
$4,300.85
$156,180
2.8%
2012
$3,441.41
$130,944
2.6%
2013
$4,390.35
$151,200
2.9%
2014
$3,648.24
$99,375
3.7%
2015
$4,436.73
$143,100
3.1%
2016
$4,386.69
$160,125
2.7%
2017
$3,235.23
$111,053
2.9%

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