From January to March, 21 homes sold in Marengo for a median price of $153,000. That's 30.4 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 1 home in Marengo was in foreclosure.
Median property tax for homeowners in Marengo was $4,649.28 in 2017 according to tax data from that year. That means homeowners pay 4 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.
Marengo real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
18
$156,780
-
2010
6
$126,540
-19.3%
2011
17
$124,300
-1.8%
2012
14
$123,715
-0.5%
2013
19
$76,140
-38.5%
2014
18
$133,030
74.7%
2015
21
$135,468
1.8%
2016
21
$141,225
4.2%
2017
27
$117,300
-16.9%
2018
21
$153,000
30.4%
Median property tax
Median sale price
Effective property tax rate
2010
$3,145.62
$126,540
2.5%
2011
$4,633.58
$124,300
3.7%
2012
$3,846.80
$123,715
3.1%
2013
$4,694.06
$76,140
6.2%
2014
$4,606.57
$133,030
3.5%
2015
$5,008.88
$135,468
3.7%
2016
$4,915.82
$141,225
3.5%
2017
$4,649.28
$117,300
4%
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