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McHenry Times

Sunday, November 24, 2024

Q4 real estate sales report: Cary

Realestate1

Median prices declined in Cary over last year, and are down 18.4 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 97 homes sold in Cary for a median price of $210,000. That's 5.2 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 6 homes in Cary were in foreclosure.

Median property tax for homeowners in Cary was $6,850.61 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.

Cary real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
47
$257,400
-
2010
31
$203,490
-20.9%
2011
43
$179,670
-11.7%
2012
57
$185,300
3.1%
2013
86
$174,690
-5.7%
2014
72
$178,080
1.9%
2015
71
$185,500
4.2%
2016
84
$195,300
5.3%
2017
74
$221,595
13.5%
2018
97
$210,000
-5.2%

Median property tax
Median sale price
Effective property tax rate
2009
$12,316.91
$257,400
4.8%
2010
$5,887.59
$203,490
2.9%
2011
$7,308.22
$179,670
4.1%
2012
$5,928.18
$185,300
3.2%
2013
$6,191.73
$174,690
3.5%
2014
$7,102.13
$178,080
4%
2015
$6,209.81
$185,500
3.3%
2016
$6,040.13
$195,300
3.1%
2017
$6,850.60
$221,595
3.1%

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