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McHenry Times

Tuesday, November 5, 2024

Q3 real estate sales report: Spring Grove

Realestate5

Median prices declined in Spring Grove over last year, and are up 3.6 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 45 homes sold in Spring Grove for a median price of $279,500. That's 0.4 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 1 home in Spring Grove was in foreclosure.

Median property tax for homeowners in Spring Grove was $8,104.39 in 2017 according to tax data from that year. That means homeowners pay 2.9 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.

Spring Grove real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
20
$269,685
-
2010
10
$293,550
8.8%
2011
16
$256,510
-12.6%
2012
15
$237,620
-7.4%
2013
26
$274,590
15.6%
2014
15
$212,000
-22.8%
2015
38
$266,590
25.8%
2016
31
$294,000
10.3%
2017
29
$280,500
-4.6%
2018
45
$279,500
-0.4%

Median property tax
Median sale price
Effective property tax rate
2009
$4,487.93
$269,685
1.7%
2010
$9,222.30
$293,550
3.1%
2011
$8,249.37
$256,510
3.2%
2012
$7,584.28
$237,620
3.2%
2013
$8,440.55
$274,590
3.1%
2014
$6,614.46
$212,000
3.1%
2015
$8,682.06
$266,590
3.3%
2016
$8,701.72
$294,000
3%
2017
$8,104.38
$280,500
2.9%

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