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Kane County Reporter

Friday, April 26, 2024

Q1 real estate sales report: Wenmoth Acres

Realestate2

Median prices declined in Wenmoth Acres over last year, and are down 74.4 percent over 2 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 1 home sold in Wenmoth Acres for a price of $60,000. That's 74.4 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Wenmoth Acres.

Median property tax for homeowners in Wenmoth Acres was $8,834.18 in 2017 according to tax data from that year. That means homeowners pay 3.8 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.

Wenmoth Acres real estate: Q1 2017-2018
Properties sold
Median sale price
Change in sale price
2017
1
$234,334
-
2018
1
$60,000
-74.4%

Median property tax
Median sale price
Effective property tax rate
2017
$8,834.17
$234,334
3.8%

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