Quantcast

Chambana Sun

Tuesday, August 5, 2025

Q4 real estate sales report: Penfield

Re 8

Median prices rose in Penfield over last year, and are down 51.4 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 Penfield for a price of $50,000. That's 77.4 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Penfield was $401.13 in 2017 according to tax data from that year. That means homeowners pay 1.4 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.

Penfield real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$102,960
-
2010
3
$200,640
94.9%
2011
2
$45,200
-77.5%
2013
2
$86,400
91.2%
2014
3
$38,690
-55.2%
2015
1
$50,350
30.1%
2016
1
$10,395
-79.4%
2017
6
$28,179
171.1%
2018
1
$50,000
77.4%

Median property tax
Median sale price
Effective property tax rate
2009
$290.08
$102,960
0.3%
2010
$2,618.30
$200,640
1.3%
2011
$1,190.19
$45,200
2.6%
2013
$2,573.25
$86,400
3%
2014
$1,854.36
$38,690
4.8%
2015
$3,069.54
$50,350
6.1%
2016
$2,117.74
$10,395
20.4%
2017
$401.12
$28,179
1.4%

MORE NEWS