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Sunday, November 24, 2024

Q2 real estate sales report: Morton

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Median prices rose in Morton over last year, and are up 2.3 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 83 homes sold in Morton for a median price of $185,000. That's 5.6 percent higher than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Morton was $3,996.24 in 2016 according to tax data from that year. That means homeowners pay 2.1 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.

Morton real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
72
$180,765
-
2010
86
$183,540
1.5%
2011
76
$169,444
-7.7%
2012
88
$183,066
8%
2013
102
$195,210
6.6%
2014
103
$169,600
-13.1%
2015
95
$186,560
10%
2016
105
$193,200
3.6%
2017
100
$175,185
-9.3%
2018
83
$185,000
5.6%

Median property tax
Median sale price
Effective property tax rate
2009
$3,203.99
$180,765
1.8%
2010
$3,301.73
$183,540
1.8%
2011
$3,091.72
$169,444
1.8%
2012
$3,641.77
$183,066
2%
2013
$3,752.20
$195,210
1.9%
2014
$3,260.13
$169,600
1.9%
2015
$3,744.34
$186,560
2%
2016
$3,996.23
$193,200
2.1%

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