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Saturday, April 20, 2024

Q4 real estate sales report: Bunker Hill

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Median prices rose in Bunker Hill over last year, and are down 38 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 2 homes sold in Bunker Hill for a median price of $59,000. That's 23.1 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Bunker Hill.

Median property tax for homeowners in Bunker Hill was $1,241.83 in 2017 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.

Bunker Hill real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$95,180
-
2010
4
$100,890
6%
2011
5
$92,660
-8.2%
2012
7
$66,490
-28.2%
2013
5
$81,000
21.8%
2014
4
$78,440
-3.2%
2015
8
$60,171
-23.3%
2016
7
$77,175
28.3%
2017
10
$47,940
-37.9%
2018
2
$59,000
23.1%

Median property tax
Median sale price
Effective property tax rate
2016
$2,359.87
$77,175
3.1%
2017
$1,241.82
$47,940
2.6%

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