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Thursday, April 25, 2024

Q4 real estate sales report: Brainerd

Realestate4

Median prices rose in Brainerd over last year, and are up 40.2 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 54 homes sold in Brainerd for a median price of $82,000. That's 7.2 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 11 homes in Brainerd were in foreclosure.

Median property tax for homeowners in Brainerd was $2,487.29 in 2017 according to tax data from that year. That means homeowners pay 3.3 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.

Brainerd real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
63
$58,500
-
2010
41
$63,270
8.2%
2011
41
$64,410
1.8%
2012
43
$49,050
-23.8%
2013
64
$51,030
4%
2014
62
$76,055
49%
2015
63
$69,430
-8.7%
2016
79
$70,350
1.3%
2017
69
$76,500
8.7%
2018
54
$82,000
7.2%

Median property tax
Median sale price
Effective property tax rate
2009
$2,280.78
$58,500
3.9%
2010
$2,319.22
$63,270
3.7%
2011
$2,290.44
$64,410
3.6%
2012
$2,274.44
$49,050
4.6%
2013
$2,228.21
$51,030
4.4%
2014
$2,182.46
$76,055
2.9%
2015
$2,172.10
$69,430
3.1%
2016
$2,285.88
$70,350
3.2%
2017
$2,487.29
$76,500
3.3%

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