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Saturday, April 20, 2024

Q4 real estate sales report: Harvard

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Median prices declined in Harvard over last year, and are down 26.2 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 35 homes sold in Harvard for a median price of $95,000. That's 12.1 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 7 homes in Harvard were in foreclosure.

Median property tax for homeowners in Harvard was $3,404.49 in 2017 according to tax data from that year. That means homeowners pay 3.1 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.

Harvard real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
30
$128,700
-
2010
16
$83,220
-35.3%
2011
12
$92,660
11.3%
2012
23
$80,660
-13%
2013
25
$64,800
-19.7%
2014
32
$74,200
14.5%
2015
25
$92,220
24.3%
2016
27
$123,900
34.4%
2017
29
$108,120
-12.7%
2018
35
$95,000
-12.1%

Median property tax
Median sale price
Effective property tax rate
2010
$3,762.13
$83,220
4.5%
2011
$3,540.65
$92,660
3.8%
2012
$2,949.21
$80,660
3.7%
2013
$3,126.64
$64,800
4.8%
2014
$2,739.77
$74,200
3.7%
2015
$3,557.80
$92,220
3.9%
2016
$3,731.63
$123,900
3%
2017
$3,404.49
$108,120
3.1%

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