From January to March, 32 homes sold in Mahomet for a median price of $224,750. That's 6.2 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Mahomet.
Median property tax for homeowners in Mahomet was $4,740.14 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 2.22 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.
Mahomet real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
40
$199,427
-
2010
35
$174,990
-12.3%
2011
38
$219,081
25.2%
2012
50
$176,035
-19.6%
2013
53
$185,760
5.5%
2014
49
$151,050
-18.7%
2015
66
$211,947
40.3%
2016
56
$196,875
-7.1%
2017
58
$211,650
7.5%
2018
32
$224,750
6.2%
Median property tax
Median sale price
Effective property tax rate
2009
$4,426.88
$199,427
2.2%
2010
$3,732.63
$174,990
2.1%
2011
$4,501.28
$219,081
2.1%
2012
$3,927.41
$176,035
2.2%
2013
$3,801.53
$185,760
2%
2014
$2,772.15
$151,050
1.8%
2015
$3,976.54
$211,947
1.9%
2016
$4,762.73
$196,875
2.4%
2017
$4,740.14
$211,650
2.2%
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