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Will County Gazette

Friday, April 26, 2024

Q4 real estate sales report: Beecher

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Median prices declined in Beecher over last year, and are down 16.1 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 16 homes sold in Beecher for a median price of $179,900. That's 3.7 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Beecher.

Median property tax for homeowners in Beecher was $5,262.04 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.

Beecher real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
10
$214,344
-
2010
7
$173,280
-19.2%
2011
11
$167,933
-3.1%
2012
21
$137,618
-18.1%
2013
27
$166,029
20.6%
2014
22
$147,584
-11.1%
2015
22
$161,650
9.5%
2016
21
$181,125
12%
2017
14
$186,864
3.2%
2018
16
$179,900
-3.7%

Median property tax
Median sale price
Effective property tax rate
2010
$5,704.37
$173,280
3.3%
2011
$6,383.05
$167,933
3.8%
2012
$4,467.53
$137,618
3.2%
2013
$5,324.55
$166,029
3.2%
2014
$5,465.11
$147,584
3.7%
2015
$4,682.35
$161,650
2.9%
2016
$5,485.55
$181,125
3%
2017
$5,262.03
$186,864
2.8%

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