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Kane County Reporter

Monday, December 23, 2024

Q1 real estate sales report: Wayne

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Median prices rose in Wayne over last year, and are down 3.9 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 4 homes sold in Wayne for a median price of $511,500. That's 21.4 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, 1 home in Wayne was in foreclosure.

Median property tax for homeowners in Wayne was $13,150.70 in 2017 according to tax data from that year. That means homeowners pay 3.1 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.

Wayne real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$532,350
-
2010
5
$706,800
32.8%
2011
4
$442,678
-37.4%
2012
10
$325,365
-26.5%
2013
6
$585,900
80.1%
2014
6
$397,500
-32.2%
2015
7
$360,400
-9.3%
2016
5
$393,750
9.3%
2017
15
$421,260
7%
2018
4
$511,500
21.4%

Median property tax
Median sale price
Effective property tax rate
2010
$16,482.14
$706,800
2.3%
2011
$13,691.88
$442,678
3.1%
2012
$10,236.26
$325,365
3.1%
2013
$19,976.60
$585,900
3.4%
2014
$12,802.06
$397,500
3.2%
2015
$10,918.72
$360,400
3%
2016
$12,108.20
$393,750
3.1%
2017
$13,150.69
$421,260
3.1%

Editor's note: This story has been updated to include real estate data for Wayne spanning multiple counties.

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