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Kendall County Times

Saturday, November 23, 2024

Q4 real estate sales report: Minooka

Realestate3

Median prices declined in Minooka over last year, and are up 5.4 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 54 homes sold in Minooka for a median price of $185,250. That's 14.4 percent lower than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Minooka was $4,750.24 in 2017 according to tax data from that year. That means homeowners pay 2.2 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.

Minooka real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
46
$175,793
-
2010
35
$167,580
-4.7%
2011
44
$139,273
-16.9%
2012
61
$174,400
25.2%
2013
61
$166,632
-4.5%
2014
61
$155,290
-6.8%
2015
68
$161,120
3.8%
2016
59
$178,488
10.8%
2017
58
$216,495
21.3%
2018
54
$185,250
-14.4%

Median property tax
Median sale price
Effective property tax rate
2009
$4,193.64
$175,793
2.4%
2010
$5,317.30
$167,580
3.2%
2011
$4,170.93
$139,273
3%
2012
$4,110.32
$174,400
2.4%
2013
$4,099.89
$166,632
2.5%
2014
$2,999.77
$155,290
1.9%
2015
$3,666.46
$161,120
2.3%
2016
$4,370.96
$178,488
2.4%
2017
$4,750.24
$216,495
2.2%

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