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Saturday, November 23, 2024

Q2 real estate sales report: Bloomington

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Median prices rose in Bloomington over last year, and are down 1 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 288 homes sold in Bloomington for a median price of $164,450. That's 3.2 percent higher than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Bloomington was $3,904.39 in 2017 according to tax data from that year. That means homeowners pay 2.4 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.

Bloomington real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
361
$166,140
-
2010
432
$174,078
4.8%
2011
340
$180,009
3.4%
2012
352
$171,403
-4.8%
2013
431
$176,040
2.7%
2014
349
$159,000
-9.7%
2015
383
$164,300
3.3%
2016
446
$162,750
-0.9%
2017
398
$159,375
-2.1%
2018
288
$164,450
3.2%

Median property tax
Median sale price
Effective property tax rate
2009
$3,755.32
$166,140
2.3%
2010
$3,807.95
$174,078
2.2%
2011
$4,252.51
$180,009
2.4%
2012
$3,924.61
$171,403
2.3%
2013
$3,813.43
$176,040
2.2%
2014
$3,947.13
$159,000
2.5%
2015
$4,015.21
$164,300
2.4%
2016
$4,076.20
$162,750
2.5%
2017
$3,904.38
$159,375
2.4%

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