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Wednesday, February 26, 2020

Q4 real estate sales report: Pesotum

Real Estate

By Local Labs News Service | Apr 1, 2019

Realestate2

Median prices rose in Pesotum over last year, and are up 60.8 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 1 home sold in Pesotum for a price of $143,000. That's 7.8 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Pesotum.

Median property tax for homeowners in Pesotum was $2,627.76 in 2017 according to tax data from that year. That means homeowners pay 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.

Pesotum real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
5
$88,920
-
2010
2
$124,260
39.7%
2011
1
$41,810
-66.4%
2012
2
$251,245
500.9%
2013
6
$86,400
-65.6%
2014
7
$111,830
29.4%
2015
8
$119,250
6.6%
2016
5
$120,750
1.3%
2017
3
$132,600
9.8%
2018
1
$143,000
7.8%

Median property tax
Median sale price
Effective property tax rate
2009
$2,665.02
$88,920
3%
2010
$1,695.31
$124,260
1.4%
2011
$761.95
$41,810
1.8%
2012
$4,576.10
$251,245
1.8%
2013
$2,251.87
$86,400
2.6%
2014
$1,817.73
$111,830
1.6%
2015
$1,473.13
$119,250
1.2%
2016
$2,281.18
$120,750
1.9%
2017
$2,627.76
$132,600
2%

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