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Kankakee Times

Wednesday, December 25, 2024

Q4 real estate sales report: Chebanse

Realestate1

Median prices rose in Chebanse over last year, and are down 5.5 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 Chebanse for a median price of $160,325. That's 15.6 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Chebanse was $3,697.35 in 2017 according to tax data from that year. That means homeowners pay 2.7 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.

Chebanse real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$169,650
-
2011
1
$296,625
74.8%
2014
2
$99,110
-66.6%
2016
1
$155,400
56.8%
2017
2
$138,733
-10.7%
2018
2
$160,325
15.6%

Median property tax
Median sale price
Effective property tax rate
2009
$4,329.79
$169,650
2.6%
2011
$1,476.75
$296,625
0.5%
2014
$1,765.90
$99,110
1.8%
2016
$3,434.90
$155,400
2.2%
2017
$3,697.34
$138,733
2.7%

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