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Kane County Reporter

Thursday, April 18, 2024

Q3 real estate sales report: West Dundee

Realestate1

Median prices rose in West Dundee over last year, and are down 3.5 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 35 homes sold in West Dundee for a median price of $255,000. That's 4.7 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 1 home in West Dundee was in foreclosure.

Median property tax for homeowners in West Dundee was $6,840.34 in 2017 according to tax data from that year. That means homeowners pay 2.8 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.

West Dundee real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
10
$264,128
-
2010
14
$301,530
14.2%
2011
16
$242,950
-19.4%
2012
8
$283,400
16.6%
2013
27
$275,400
-2.8%
2014
19
$291,235
5.7%
2015
39
$222,600
-23.6%
2016
28
$262,500
17.9%
2017
34
$243,474
-7.2%
2018
35
$255,000
4.7%

Median property tax
Median sale price
Effective property tax rate
2009
$6,759.94
$264,128
2.6%
2010
$7,850.65
$301,530
2.6%
2011
$7,598.56
$242,950
3.1%
2012
$8,584.41
$283,400
3%
2013
$7,658.21
$275,400
2.8%
2014
$8,191.84
$291,235
2.8%
2015
$6,440.30
$222,600
2.9%
2016
$8,316.66
$262,500
3.2%
2017
$6,840.34
$243,474
2.8%

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