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McLean County Times

Thursday, April 18, 2024

Q2 real estate sales report: Danvers

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Median prices declined in Danvers over last year, and are up 33.1 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 8 homes sold in Danvers for a median price of $119,950. That's 13.2 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Danvers was $4,038.06 in 2017 according to tax data from that year. That means homeowners pay 2.9 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.

Danvers real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$90,090
-
2010
12
$130,616
45%
2011
10
$152,833
17%
2012
7
$136,250
-10.9%
2013
10
$135,270
-0.7%
2014
8
$144,425
6.8%
2015
10
$136,449
-5.5%
2016
10
$140,123
2.7%
2017
10
$138,159
-1.4%
2018
8
$119,950
-13.2%

Median property tax
Median sale price
Effective property tax rate
2009
$2,819.60
$90,090
3.1%
2010
$2,709.91
$130,616
2.1%
2011
$3,694.62
$152,833
2.4%
2012
$3,967.29
$136,250
2.9%
2013
$3,528.82
$135,270
2.6%
2014
$3,967.32
$144,425
2.7%
2015
$3,227.76
$136,449
2.4%
2016
$3,136.22
$140,123
2.2%
2017
$4,038.05
$138,159
2.9%

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