From January to March, 52 homes sold in Morton for a median price of $164,950. That's 14 percent lower than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Morton.
Median property tax for homeowners in Morton was $3,663.09 in 2016 according to tax data from that year. That means homeowners pay 2.2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Morton real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
39
$181,233
-
2010
36
$185,193
2.2%
2011
42
$179,953
-2.8%
2012
63
$163,500
-9.1%
2013
59
$149,040
-8.8%
2014
44
$174,900
17.4%
2015
47
$171,720
-1.8%
2016
51
$169,575
-1.2%
2017
45
$191,760
13.1%
2018
52
$164,950
-14%
Median property tax
Median sale price
Effective property tax rate
2009
$3,447.10
$181,233
1.9%
2010
$3,412.16
$185,193
1.8%
2011
$3,595.68
$179,953
2%
2012
$3,514.55
$163,500
2.1%
2013
$3,308.68
$149,040
2.2%
2014
$3,367.95
$174,900
1.9%
2015
$3,428.49
$171,720
2%
2016
$3,663.09
$169,575
2.2%
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