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Kane County Reporter

Tuesday, November 26, 2024

Q1 real estate sales report: East Dundee

Realestate1

Median prices rose in East Dundee over last year, and are up 17.1 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 14 homes sold in East Dundee for a median price of $186,250. That's 14.8 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in East Dundee.

Median property tax for homeowners in East Dundee was $4,382.63 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 2.22 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.

East Dundee real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$159,120
-
2010
9
$182,400
14.6%
2011
7
$127,690
-30%
2012
4
$129,710
1.6%
2013
11
$108,000
-16.7%
2014
9
$137,800
27.6%
2015
7
$151,580
10%
2016
19
$159,600
5.3%
2017
15
$162,180
1.6%
2018
14
$186,250
14.8%

Median property tax
Median sale price
Effective property tax rate
2009
$4,901.22
$159,120
3.1%
2010
$4,949.94
$182,400
2.7%
2011
$3,859.19
$127,690
3%
2012
$3,295.10
$129,710
2.5%
2013
$4,342.57
$108,000
4%
2014
$4,426.15
$137,800
3.2%
2015
$4,422.44
$151,580
2.9%
2016
$4,541.52
$159,600
2.8%
2017
$4,382.63
$162,180
2.7%

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