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McHenry Times

Monday, December 23, 2024

Q4 real estate sales report: Emerald Park

Realestate3

Median prices declined in Emerald Park over last year, and are up 171.9 percent over 9 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 2 homes sold in Emerald Park for a median price of $139,500. That's 39.2 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Emerald Park.

Median property tax for homeowners in Emerald Park was $6,565.82 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.

Emerald Park real estate: Q4 2010-2018
Properties sold
Median sale price
Change in sale price
2010
1
$51,300
-
2011
1
$190,405
271.2%
2012
1
$155,870
-18.1%
2014
4
$73,670
-52.7%
2015
1
$159,000
115.8%
2016
1
$197,400
24.2%
2017
3
$229,500
16.3%
2018
2
$139,500
-39.2%

Median property tax
Median sale price
Effective property tax rate
2010
$3,189.74
$51,300
6.2%
2011
$5,591.30
$190,405
2.9%
2012
$7,594.48
$155,870
4.9%
2014
$4,563.53
$73,670
6.2%
2015
$3,728.18
$159,000
2.3%
2016
$8,788.87
$197,400
4.5%
2017
$6,565.82
$229,500
2.9%

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