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Thursday, April 18, 2024

Q3 real estate sales report: Moro

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Median prices rose in Moro over last year, and are up 123.7 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 8 homes sold in Moro for a median price of $229,500. That's 28.6 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Moro.

Median property tax for homeowners in Moro was $3,402.54 in 2017 according to tax data from that year. That means homeowners pay 1.9 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.

Moro real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
12
$102,609
-
2010
10
$106,020
3.3%
2011
8
$72,885
-31.3%
2012
11
$133,525
83.2%
2013
11
$113,400
-15.1%
2014
15
$145,220
28.1%
2015
8
$77,380
-46.7%
2016
13
$149,100
92.7%
2017
6
$178,450
19.7%
2018
8
$229,500
28.6%

Median property tax
Median sale price
Effective property tax rate
2009
$1,761.50
$102,609
1.7%
2010
$1,366.92
$106,020
1.3%
2011
$1,063.28
$72,885
1.5%
2012
$2,634.13
$133,525
2%
2013
$2,476.85
$113,400
2.2%
2014
$2,776.60
$145,220
1.9%
2015
$1,981.41
$77,380
2.6%
2016
$2,968.22
$149,100
2%
2017
$3,402.53
$178,450
1.9%

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