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Monday, January 27, 2020

Q2 real estate sales report: Hermosa

Real Estate

By Local Labs News Service | Dec 10, 2018

Re 14

Median prices rose in Hermosa over last year, and are up 76.4 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 59 homes sold in Hermosa for a median price of $260,000. That's 2 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 8 homes in Hermosa were in foreclosure.

Median property tax for homeowners in Hermosa was $4,791.76 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.

Hermosa real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
43
$147,420
-
2010
61
$129,390
-12.2%
2011
70
$121,475
-6.1%
2012
64
$114,450
-5.8%
2013
71
$133,380
16.5%
2014
66
$151,050
13.2%
2015
59
$172,780
14.4%
2016
57
$198,450
14.9%
2017
53
$255,000
28.5%
2018
59
$260,000
2%

Median property tax
Median sale price
Effective property tax rate
2009
$4,457.39
$147,420
3%
2010
$4,590.11
$129,390
3.5%
2011
$4,444.53
$121,475
3.7%
2012
$3,673.08
$114,450
3.2%
2013
$3,880.20
$133,380
2.9%
2014
$4,049.82
$151,050
2.7%
2015
$4,508.99
$172,780
2.6%
2016
$4,510.12
$198,450
2.3%
2017
$4,791.75
$255,000
1.9%

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