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Saturday, November 30, 2024

Q1 real estate sales report: Bradley

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Median prices rose in Bradley over last year, and are down 2.9 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 47 homes sold in Bradley for a median price of $125,000. That's 33.2 percent higher than median home sale prices for the first quarter of 2017.

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

Median property tax for homeowners in Bradley was $2,827.19 in 2016 according to tax data from that year. That means homeowners pay 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.

Bradley real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
37
$128,700
-
2010
32
$120,420
-6.4%
2011
20
$113,000
-6.2%
2012
32
$97,010
-14.2%
2013
44
$95,580
-1.5%
2014
43
$93,280
-2.4%
2015
45
$102,820
10.2%
2016
41
$94,500
-8.1%
2017
52
$93,840
-0.7%
2018
47
$125,000
33.2%

Median property tax
Median sale price
Effective property tax rate
2009
$3,044.80
$128,700
2.4%
2010
$3,083.80
$120,420
2.6%
2011
$3,162.39
$113,000
2.8%
2012
$2,910.52
$97,010
3%
2013
$3,225.15
$95,580
3.4%
2014
$2,984.34
$93,280
3.2%
2015
$3,083.51
$102,820
3%
2016
$2,827.18
$94,500
3%

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