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Will County Gazette

Friday, April 26, 2024

Q4 real estate sales report: Bolingbrook

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Median prices rose in Bolingbrook over last year, and are up 18.7 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 228 homes sold in Bolingbrook for a median price of $225,000. That's 11.4 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Bolingbrook was $5,693.95 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
322
$189,631
-
2010
213
$184,680
-2.6%
2011
257
$161,590
-12.5%
2012
327
$158,050
-2.2%
2013
442
$175,716
11.2%
2014
285
$169,600
-3.5%
2015
263
$185,500
9.4%
2016
249
$194,250
4.7%
2017
183
$201,960
4%
2018
228
$225,000
11.4%

Median property tax
Median sale price
Effective property tax rate
2010
$5,442.64
$184,680
2.9%
2011
$5,233.07
$161,590
3.2%
2012
$4,831.09
$158,050
3.1%
2013
$5,065.32
$175,716
2.9%
2014
$5,105.49
$169,600
3%
2015
$5,749.01
$185,500
3.1%
2016
$5,989.20
$194,250
3.1%
2017
$5,693.94
$201,960
2.8%

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