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McLean County Times

Saturday, November 23, 2024

Q2 real estate sales report: Chenoa

Realestate1

Median prices rose in Chenoa over last year, and are up 21.4 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 9 homes sold in Chenoa for a median price of $116,500. That's 26.2 percent higher than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Chenoa was $2,429.93 in 2017 according to tax data from that year. That means homeowners pay 2.6 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.

Chenoa real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
5
$95,940
-
2010
8
$83,163
-13.3%
2011
8
$87,511
5.2%
2012
8
$88,563
1.2%
2013
5
$37,800
-57.3%
2014
6
$89,570
137%
2015
6
$84,800
-5.3%
2016
11
$112,350
32.5%
2017
11
$92,310
-17.8%
2018
9
$116,500
26.2%

Median property tax
Median sale price
Effective property tax rate
2009
$2,767.98
$95,940
2.9%
2010
$2,106.19
$83,163
2.5%
2011
$2,477.19
$87,511
2.8%
2012
$2,351.26
$88,563
2.7%
2013
$1,609.20
$37,800
4.3%
2014
$1,841.58
$89,570
2.1%
2015
$1,871.59
$84,800
2.2%
2016
$2,415.44
$112,350
2.1%
2017
$2,429.92
$92,310
2.6%

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