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Kankakee Times

Sunday, December 22, 2024

Q4 real estate sales report: Aroma Park

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Median prices rose in Aroma Park over last year, and are up 102.8 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 2 homes sold in Aroma Park for a median price of $213,500. That's 194 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Aroma Park.

Median property tax for homeowners in Aroma Park was $3,205.93 in 2017 according to tax data from that year. That means homeowners pay 4.4 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.

Aroma Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
5
$105,300
-
2010
3
$91,200
-13.4%
2011
1
$99,440
9%
2012
4
$74,120
-25.5%
2013
1
$27,000
-63.6%
2014
4
$47,170
74.7%
2015
3
$84,800
79.8%
2016
8
$55,650
-34.4%
2017
6
$72,624
30.5%
2018
2
$213,500
194%

Median property tax
Median sale price
Effective property tax rate
2009
$3,206.03
$105,300
3%
2010
$3,449.98
$91,200
3.8%
2011
$3,409.16
$99,440
3.4%
2012
$2,514.04
$74,120
3.4%
2013
$2,392.84
$27,000
8.9%
2014
$2,574.35
$47,170
5.5%
2015
$3,526.17
$84,800
4.2%
2016
$2,985.96
$55,650
5.4%
2017
$3,205.93
$72,624
4.4%

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