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Kankakee Times

Wednesday, May 8, 2024

Q4 real estate sales report: Shadow Lawn

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Median prices declined in Shadow Lawn over last year, and are up 645.9 percent over 6 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 1 home sold in Shadow Lawn for a price of $145,000. That's 6.5 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Shadow Lawn.

Median property tax for homeowners in Shadow Lawn was $0 in 2017 according to tax data from that year. That means homeowners pay 0 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.

Shadow Lawn real estate: Q4 2013-2018
Properties sold
Median sale price
Change in sale price
2013
2
$19,440
-
2014
1
$360,400
1753.9%
2015
1
$19,080
-94.7%
2017
1
$155,040
712.6%
2018
1
$145,000
-6.5%

Median property tax
Median sale price
Effective property tax rate
2013
$1,323.95
$19,440
6.8%
2014
$2,325.93
$360,400
0.6%
2015
$1,425.44
$19,080
7.5%
2017
$0
$155,040
0%

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