From January to March, 5 homes sold in Blue Mound for a median price of $118,000. That's 37.3 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Blue Mound.
Median property tax for homeowners in Blue Mound was $2,301.72 in 2017 according to tax data from that year. That means homeowners pay 2.7 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Blue Mound real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$38,610
-
2010
2
$44,175
14.4%
2011
6
$77,914
76.4%
2012
6
$82,295
5.6%
2013
4
$38,340
-53.4%
2014
2
$108,650
183.4%
2015
5
$58,300
-46.3%
2016
5
$44,625
-23.5%
2017
2
$85,935
92.6%
2018
5
$118,000
37.3%
Median property tax
Median sale price
Effective property tax rate
2009
$1,298.61
$38,610
3.4%
2010
$1,855.72
$44,175
4.2%
2011
$2,162.34
$77,914
2.8%
2012
$1,807.42
$82,295
2.2%
2013
$1,557.84
$38,340
4.1%
2014
$2,435.24
$108,650
2.2%
2015
$2,077.18
$58,300
3.6%
2016
$1,473.59
$44,625
3.3%
2017
$2,301.72
$85,935
2.7%
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