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Friday, April 26, 2024

Q3 real estate sales report: Bellevue

Realestate3

Median prices rose in Bellevue over last year, and are up 74 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 7 homes sold in Bellevue for a median price of $125,000. That's 48.5 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Bellevue.

Median property tax for homeowners in Bellevue was $1,854.42 in 2017 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 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Bellevue real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$71,859
-
2010
6
$120,840
68.2%
2011
1
$101,700
-15.8%
2012
4
$166,498
63.7%
2013
8
$162,000
-2.7%
2014
12
$82,097
-49.3%
2015
6
$40,545
-50.6%
2016
8
$64,050
58%
2017
3
$84,150
31.4%
2018
7
$125,000
48.5%

Median property tax
Median sale price
Effective property tax rate
2009
$1,101.78
$71,859
1.5%
2010
$2,524.90
$120,840
2.1%
2011
$625.13
$101,700
0.6%
2012
$1,256.01
$166,498
0.8%
2013
$2,841.59
$162,000
1.8%
2014
$1,676.10
$82,097
2%
2015
$1,877.65
$40,545
4.6%
2016
$1,403.59
$64,050
2.2%
2017
$1,854.42
$84,150
2.2%

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