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Kendall County Times

Saturday, November 23, 2024

Q1 real estate sales report: Sandwich

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Median prices declined in Sandwich over last year, and are down 3.3 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 4 homes sold in Sandwich for a median price of $133,007. That's 2.7 percent lower than median home sale prices for the first quarter of 2017.

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

Median property tax for homeowners in Sandwich was $5,080.56 in 2017 according to tax data from that year. That means homeowners pay 3.7 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.

Sandwich real estate: Q1 2009-2018

Properties sold
Median sale price
Change in sale price
2009
4
$137,535
-
2010
7
$198,983
44.7%
2011
9
$251,990
26.6%
2012
13
$146,972
-41.7%
2013
13
$133,920
-8.9%
2014
5
$82,362
-38.5%
2015
9
$84,800
3%
2016
10
$134,400
58.5%
2017
5
$136,680
1.7%
2018
4
$133,007
-2.7%

Median property tax
Median sale price
Effective property tax rate
2011
$3,552.76
$251,990
1.4%
2012
$6,681.26
$146,972
4.5%
2013
$6,057.69
$133,920
4.5%
2014
$4,435.31
$82,362
5.4%
2015
$4,315.30
$84,800
5.1%
2016
$4,421.60
$134,400
3.3%
2017
$5,080.55
$136,680
3.7%

Editor's note: This story has been updated to include real estate data for Sandwich spanning multiple counties.

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