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Kendall County Times

Friday, April 26, 2024

Q4 real estate sales report: Plano

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Median prices rose in Plano over last year, and are down 3.1 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 66 homes sold in Plano for a median price of $158,750. That's 6.2 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Plano was $4,678.88 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.

Plano real estate: Q4 2009-2018

Properties sold
Median sale price
Change in sale price
2009
79
$163,800
-
2010
51
$132,240
-19.3%
2011
65
$107,350
-18.8%
2012
71
$95,920
-10.6%
2013
75
$95,040
-0.9%
2014
64
$130,910
37.7%
2015
57
$119,250
-8.9%
2016
56
$157,500
32.1%
2017
71
$149,430
-5.1%
2018
66
$158,750
6.2%

Median property tax
Median sale price
Effective property tax rate
2009
$5,267.12
$163,800
3.2%
2010
$5,157.36
$132,240
3.9%
2011
$4,661.09
$107,350
4.3%
2012
$4,308.59
$95,920
4.5%
2013
$3,880.44
$95,040
4.1%
2014
$4,156.14
$130,910
3.2%
2015
$4,447.44
$119,250
3.7%
2016
$5,305.33
$157,500
3.4%
2017
$4,678.88
$149,430
3.1%

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