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Kane County Reporter

Tuesday, November 26, 2024

Q1 real estate sales report: St. Charles

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Median prices rose in St. Charles over last year, and are down 2.9 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 100 homes sold in St. Charles for a median price of $275,000. That's 2.7 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, 9 homes in St. Charles were in foreclosure.

Median property tax for homeowners in St. Charles was $6,851.46 in 2017 according to tax data from that year. That means homeowners pay 2.6 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.

St. Charles real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
34
$283,206
-
2010
59
$276,450
-2.4%
2011
79
$296,060
7.1%
2012
52
$231,625
-21.8%
2013
82
$236,520
2.1%
2014
102
$260,230
10%
2015
69
$236,380
-9.2%
2016
78
$245,438
3.8%
2017
95
$267,750
9.1%
2018
100
$275,000
2.7%

Median property tax
Median sale price
Effective property tax rate
2009
$6,487.43
$283,206
2.3%
2010
$7,569.55
$276,450
2.7%
2011
$7,874.69
$296,060
2.7%
2012
$6,980.24
$231,625
3%
2013
$6,993.32
$236,520
3%
2014
$6,965.30
$260,230
2.7%
2015
$6,623.49
$236,380
2.8%
2016
$7,028.80
$245,438
2.9%
2017
$6,851.46
$267,750
2.6%

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