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Will County Gazette

Thursday, April 25, 2024

Q4 real estate sales report: Romeoville

Realestate5

Median prices rose in Romeoville over last year, and are up 9.5 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 134 homes sold in Romeoville for a median price of $181,000. That's 1.7 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Romeoville was $4,714.24 in 2017 according to tax data from that year. That means homeowners pay 2.6 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.

Romeoville real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
206
$165,268
-
2010
118
$164,749
-0.3%
2011
168
$137,860
-16.3%
2012
189
$139,520
1.2%
2013
339
$144,720
3.7%
2014
202
$149,460
3.3%
2015
171
$147,928
-1%
2016
150
$163,275
10.4%
2017
130
$177,990
9%
2018
134
$181,000
1.7%

Median property tax
Median sale price
Effective property tax rate
2010
$4,899.13
$164,749
3%
2011
$5,091.61
$137,860
3.7%
2012
$4,457.27
$139,520
3.2%
2013
$4,395.81
$144,720
3%
2014
$3,972.47
$149,460
2.7%
2015
$4,352.36
$147,928
2.9%
2016
$4,589.11
$163,275
2.8%
2017
$4,714.23
$177,990
2.6%

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