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McLean County Times

Thursday, January 30, 2025

Q1 real estate sales report: Chenoa

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Median prices rose in Chenoa over last year, and are up 680 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 2 homes sold in Chenoa for a median price of $866,946. That's 585.4 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Chenoa.

Median property tax for homeowners in Chenoa was $1,816.88 in 2015 according to tax data from that year. That means homeowners pay 3.2 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.

Chenoa real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$111,150
-
2010
2
$55,575
-50%
2011
2
$84,750
52.5%
2012
5
$87,200
2.9%
2013
8
$102,870
18%
2014
2
$63,070
-38.7%
2015
2
$56,101
-11.1%
2016
4
$65,100
16%
2017
5
$126,480
94.3%
2018
2
$866,946
585.4%

Median property tax
Median sale price
Effective property tax rate
2009
$2,830.23
$111,150
2.5%
2010
$2,056.03
$55,575
3.7%
2011
$1,855.41
$84,750
2.2%
2012
$1,724.11
$87,200
2%
2013
$2,043.67
$102,870
2%
2014
$2,218.05
$63,070
3.5%
2015
$1,816.88
$56,101
3.2%

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