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Will County Gazette

Friday, June 6, 2025

Q4 real estate sales report: Crete

Realestate5

Median prices rose in Crete over last year, and are up 18 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 56 homes sold in Crete for a median price of $172,450. That's 6.8 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 2 homes in Crete were in foreclosure.

Median property tax for homeowners in Crete was $5,066.40 in 2017 according to tax data from that year. That means homeowners pay 3.1 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.

Crete real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
52
$146,192
-
2010
36
$169,860
16.2%
2011
40
$143,228
-15.7%
2012
47
$130,800
-8.7%
2013
85
$151,200
15.6%
2014
67
$130,645
-13.6%
2015
59
$132,394
1.3%
2016
54
$162,225
22.5%
2017
42
$161,517
-0.4%
2018
56
$172,450
6.8%

Median property tax
Median sale price
Effective property tax rate
2010
$5,252.96
$169,860
3.1%
2011
$6,123.27
$143,228
4.3%
2012
$6,053.86
$130,800
4.6%
2013
$5,988.16
$151,200
4%
2014
$5,457.79
$130,645
4.2%
2015
$5,261.58
$132,394
4%
2016
$5,806.39
$162,225
3.6%
2017
$5,066.40
$161,517
3.1%

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