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Kendall County Times

Thursday, April 25, 2024

Q1 real estate sales report: Plano

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Median prices rose in Plano over last year, and are down 10.2 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 46 homes sold in Plano for a median price of $147,000. That's 10.9 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Plano.

Median property tax for homeowners in Plano was $4,440.53 in 2017 according to tax data from that year. That means homeowners pay 3.3 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Plano real estate: Q1 2009-2018

Properties sold
Median sale price
Change in sale price
2009
52
$163,675
-
2010
58
$131,100
-19.9%
2011
54
$98,310
-25%
2012
45
$92,650
-5.8%
2013
89
$79,920
-13.7%
2014
59
$100,700
26%
2015
45
$101,230
0.5%
2016
58
$121,275
19.8%
2017
47
$132,600
9.3%
2018
46
$147,000
10.9%

Median property tax
Median sale price
Effective property tax rate
2009
$4,852.34
$163,675
3%
2010
$4,675.49
$131,100
3.6%
2011
$4,727.19
$98,310
4.8%
2012
$4,282.74
$92,650
4.6%
2013
$3,942.43
$79,920
4.9%
2014
$4,086.91
$100,700
4.1%
2015
$4,245.06
$101,230
4.2%
2016
$4,844.39
$121,275
4%
2017
$4,440.52
$132,600
3.3%

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