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Saturday, November 2, 2024

Q2 real estate sales report: Norris

Realestate2

Median prices rose in Norris over last year, and are up 105.6 percent over 3 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 3 homes sold in Norris for a median price of $39,407. That's 35.6 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Norris.

Median property tax for homeowners in Norris was $0 in 2017 according to tax data from that year. That means homeowners pay 0 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.

Norris real estate: Q2 2016-2018
Properties sold
Median sale price
Change in sale price
2016
2
$19,163
-
2017
3
$29,070
51.7%
2018
3
$39,407
35.6%

Median property tax
Median sale price
Effective property tax rate
2016
$517.87
$19,163
2.7%
2017
$0
$29,070
0%

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