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McLean County Times

Saturday, November 23, 2024

Q2 real estate sales report: Bellflower

Realestate4

Median prices declined in Bellflower over last year, and are down 6.7 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 2 homes sold in Bellflower for a median price of $75,828. That's 31.5 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Bellflower was $2,483.31 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.

Bellflower real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$81,315
-
2010
1
$68,400
-15.9%
2011
3
$33,900
-50.4%
2012
5
$19,620
-42.1%
2013
1
$81,540
315.6%
2014
3
$20,034
-75.4%
2015
3
$76,320
281%
2016
2
$78,750
3.2%
2017
2
$110,670
40.5%
2018
2
$75,828
-31.5%

Median property tax
Median sale price
Effective property tax rate
2009
$1,316.43
$81,315
1.6%
2010
$2,001.65
$68,400
2.9%
2011
$1,394.12
$33,900
4.1%
2012
$1,494.21
$19,620
7.6%
2013
$1,339.50
$81,540
1.6%
2014
$2,401.40
$20,034
12%
2015
$1,685.76
$76,320
2.2%
2016
$1,320.46
$78,750
1.7%
2017
$2,483.31
$110,670
2.2%

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