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Kane County Reporter

Friday, April 26, 2024

Q2 real estate sales report: Crane Road Estates

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Median prices rose in Crane Road Estates over last year, and are down 23.5 percent over 8 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 1 home sold in Crane Road Estates for a price of $670,000. That's 69.7 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Crane Road Estates.

Median property tax for homeowners in Crane Road Estates was $10,626.89 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 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Crane Road Estates real estate: Q2 2011-2018
Properties sold
Median sale price
Change in sale price
2011
1
$875,750
-
2013
1
$881,550
0.7%
2016
4
$1,076,250
22.1%
2017
2
$394,740
-63.3%
2018
1
$670,000
69.7%

Median property tax
Median sale price
Effective property tax rate
2011
$27,433.10
$875,750
3.1%
2013
$29,085.06
$881,550
3.3%
2016
$30,308.16
$1,076,250
2.8%
2017
$10,626.89
$394,740
2.7%

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