Quantcast

Kankakee Times

Saturday, November 23, 2024

Q2 real estate sales report: Momence

Re 7

Median prices declined in Momence over last year, and are down 33.8 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 17 homes sold in Momence for a median price of $110,000. That's 7.8 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Momence.

Median property tax for homeowners in Momence was $3,413.40 in 2017 according to tax data from that year. That means homeowners pay 2.9 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.

Momence real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
11
$166,140
-
2010
11
$127,680
-23.1%
2011
13
$96,050
-24.8%
2012
9
$94,285
-1.8%
2013
13
$72,900
-22.7%
2014
15
$137,800
89%
2015
21
$119,780
-13.1%
2016
20
$117,338
-2%
2017
14
$119,340
1.7%
2018
17
$110,000
-7.8%

Median property tax
Median sale price
Effective property tax rate
2009
$3,129.35
$166,140
1.9%
2010
$3,612.09
$127,680
2.8%
2011
$2,011.08
$96,050
2.1%
2012
$2,766.35
$94,285
2.9%
2013
$1,927.73
$72,900
2.6%
2014
$3,079.97
$137,800
2.2%
2015
$3,140.14
$119,780
2.6%
2016
$2,880.37
$117,338
2.5%
2017
$3,413.39
$119,340
2.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS