Kane County Reporter

Kane County Reporter

Sunday, October 20, 2019

Q4 real estate sales report: Marywood

Real Estate

By Local Labs News Service | Apr 18, 2019


Median prices declined in Marywood over last year, and are up 20.2 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 2 homes sold in Marywood for a median price of $220,750. That's 1.7 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Marywood.

Median property tax for homeowners in Marywood was $4,891.70 in 2017 according to tax data from that year. That means homeowners pay 2.2 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.

Marywood real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
2
$183,690
-
2010
1
$136,800
-25.5%
2013
2
$199,260
45.7%
2014
1
$220,480
10.6%
2015
2
$170,130
-22.8%
2016
1
$219,450
29%
2017
2
$224,655
2.4%
2018
2
$220,750
-1.7%

Median property tax
Median sale price
Effective property tax rate
2009
$2,233.13
$183,690
1.2%
2010
$7,301.88
$136,800
5.3%
2013
$5,595.53
$199,260
2.8%
2014
$6,403.07
$220,480
2.9%
2015
$6,322.87
$170,130
3.7%
2016
$4,287.84
$219,450
2%
2017
$4,891.69
$224,655
2.2%

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