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Kankakee Times

Saturday, November 30, 2024

Q1 real estate sales report: Manteno

Realestate1

Median prices rose in Manteno over last year, and are up 19 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 23 homes sold in Manteno for a median price of $195,000. That's 27.5 percent higher than median home sale prices for the first quarter of 2017.

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

Median property tax for homeowners in Manteno was $5,780.01 in 2016 according to tax data from that year. That means homeowners pay 3.6 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.

Manteno real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
15
$163,800
-
2010
11
$213,180
30.1%
2011
21
$197,750
-7.2%
2012
12
$193,421
-2.2%
2013
34
$160,380
-17.1%
2014
33
$202,867
26.5%
2015
16
$165,307
-18.5%
2016
26
$162,225
-1.9%
2017
29
$152,999
-5.7%
2018
23
$195,000
27.5%

Median property tax
Median sale price
Effective property tax rate
2010
$4,956.30
$213,180
2.3%
2011
$5,451.59
$197,750
2.8%
2012
$5,117.33
$193,421
2.6%
2013
$4,804.55
$160,380
3%
2014
$5,108.30
$202,867
2.5%
2015
$4,840.26
$165,307
2.9%
2016
$5,780
$162,225
3.6%

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