Quantcast

McHenry Times

Tuesday, November 5, 2024

Q4 real estate sales report: Spring Grove

Re 8

Median prices rose in Spring Grove over last year, and are up 5.7 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 Spring Grove for a median price of $306,000. That's 2.1 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 3 homes in Spring Grove were in foreclosure.

Median property tax for homeowners in Spring Grove was $8,607.94 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
18
$289,575
-
2010
16
$306,375
5.8%
2011
11
$327,135
6.8%
2012
14
$257,785
-21.2%
2013
16
$243,270
-5.6%
2014
13
$252,280
3.7%
2015
27
$227,900
-9.7%
2016
30
$247,800
8.7%
2017
22
$299,625
20.9%
2018
35
$306,000
2.1%

Median property tax
Median sale price
Effective property tax rate
2009
$4,058.96
$289,575
1.4%
2010
$7,110.90
$306,375
2.3%
2011
$9,666.83
$327,135
3%
2012
$9,393.31
$257,785
3.6%
2013
$7,049.31
$243,270
2.9%
2014
$7,484.38
$252,280
3%
2015
$7,327.39
$227,900
3.2%
2016
$8,021.80
$247,800
3.2%
2017
$8,607.94
$299,625
2.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS