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McHenry Times

Friday, April 19, 2024

Q3 real estate sales report: Trout Valley

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Median prices declined in Trout Valley over last year, and are up 40.9 percent over 7 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 5 homes sold in Trout Valley for a median price of $380,000. That's 26.4 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 1 home in Trout Valley was in foreclosure.

Median property tax for homeowners in Trout Valley was $13,357.24 in 2017 according to tax data from that year. That means homeowners pay 2.6 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.

Trout Valley real estate: Q3 2012-2018
Properties sold
Median sale price
Change in sale price
2012
4
$269,775
-
2013
4
$350,730
30%
2014
2
$376,300
7.3%
2015
7
$270,300
-28.2%
2016
5
$409,500
51.5%
2017
2
$516,630
26.2%
2018
5
$380,000
-26.4%

Median property tax
Median sale price
Effective property tax rate
2012
$9,978.73
$269,775
3.7%
2013
$10,296.13
$350,730
2.9%
2014
$13,737.46
$376,300
3.7%
2015
$8,984.05
$270,300
3.3%
2016
$10,743.28
$409,500
2.6%
2017
$13,357.23
$516,630
2.6%

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