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DeKalb Times

Thursday, November 21, 2024

Q2 real estate sales report: Sandwich

Realestate3

Median prices declined in Sandwich over last year, and are down 45.5 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 7 homes sold in Sandwich for a median price of $102,350. That's 9.3 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Sandwich was $3,888.85 in 2017 according to tax data from that year. That means homeowners pay 3.4 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.

Sandwich real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$187,912
-
2010
10
$133,491
-29%
2011
11
$90,400
-32.3%
2012
11
$174,400
92.9%
2013
9
$121,500
-30.3%
2014
11
$137,800
13.4%
2015
9
$77,380
-43.8%
2016
7
$83,895
8.4%
2017
4
$112,812
34.5%
2018
7
$102,350
-9.3%

Median property tax
Median sale price
Effective property tax rate
2010
$5,693.23
$133,491
4.3%
2011
$6,912.39
$90,400
7.6%
2013
$5,238.76
$121,500
4.3%
2014
$4,206.86
$137,800
3.1%
2015
$4,404.51
$77,380
5.7%
2016
$4,438.37
$83,895
5.3%
2017
$3,888.85
$112,812
3.4%

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