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Tuesday, November 5, 2024

Q2 real estate sales report: Grafton

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Median prices declined in Grafton over last year, and are up 19.2 percent over 9 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 4 homes sold in Grafton for a median price of $132,500. That's 25.1 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Grafton was $3,653.54 in 2016 according to tax data from that year. That means homeowners pay 2.6 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.

Grafton real estate: Q2 2010-2018
Properties sold
Median sale price
Change in sale price
2010
2
$111,150
-
2011
2
$129,385
16.4%
2012
3
$152,600
17.9%
2013
3
$25,920
-83%
2014
4
$417,640
1511.3%
2015
7
$199,280
-52.3%
2016
4
$142,275
-28.6%
2017
6
$176,919
24.4%
2018
4
$132,500
-25.1%

Median property tax
Median sale price
Effective property tax rate
2010
$3,455.70
$111,150
3.1%
2011
$2,524.60
$129,385
2%
2012
$2,481.71
$152,600
1.6%
2013
$3,042.20
$25,920
11.7%
2014
$9,661.17
$417,640
2.3%
2015
$4,904.51
$199,280
2.5%
2016
$3,653.53
$142,275
2.6%

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