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Kane County Reporter

Friday, April 26, 2024

Q2 real estate sales report: Pingree Grove

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Median prices rose in Pingree Grove over last year, and are down 3 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 55 homes sold in Pingree Grove for a median price of $212,000. That's 14.2 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 1 home in Pingree Grove was in foreclosure.

Median property tax for homeowners in Pingree Grove was $5,628.29 in 2017 according to tax data from that year. That means homeowners pay 3 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.

Pingree Grove real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
34
$218,585
-
2010
53
$242,820
11.1%
2011
36
$212,073
-12.7%
2012
33
$190,521
-10.2%
2013
77
$171,720
-9.9%
2014
79
$229,546
33.7%
2015
82
$187,060
-18.5%
2016
51
$204,750
9.5%
2017
70
$185,640
-9.3%
2018
55
$212,000
14.2%

Median property tax
Median sale price
Effective property tax rate
2009
$5,286.90
$218,585
2.4%
2010
$5,379.63
$242,820
2.2%
2011
$5,399.42
$212,073
2.5%
2012
$5,748.81
$190,521
3%
2013
$5,531.28
$171,720
3.2%
2014
$5,566.54
$229,546
2.4%
2015
$4,829.34
$187,060
2.6%
2016
$7,270.85
$204,750
3.6%
2017
$5,628.28
$185,640
3%

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