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Saturday, April 20, 2024

Q1 real estate sales report: Calumet Heights

Realestate3

Median prices rose in Calumet Heights over last year, and are up 39.9 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 80 homes sold in Calumet Heights for a median price of $110,500. That's 30.5 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, 25 homes in Calumet Heights were in foreclosure.

Median property tax for homeowners in Calumet Heights was $2,554.92 in 2016 according to tax data from that year. That means homeowners pay 2.4 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.

Calumet Heights real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
34
$78,975
-
2010
68
$65,550
-17%
2011
39
$74,580
13.8%
2012
50
$56,408
-24.4%
2013
44
$60,480
7.2%
2014
52
$47,435
-21.6%
2015
54
$67,840
43%
2016
72
$108,150
59.4%
2017
91
$84,660
-21.7%
2018
80
$110,500
30.5%

Median property tax
Median sale price
Effective property tax rate
2009
$2,369.94
$78,975
3%
2010
$2,485.64
$65,550
3.8%
2011
$2,523.16
$74,580
3.4%
2012
$2,019.91
$56,408
3.6%
2013
$2,349.02
$60,480
3.9%
2014
$2,276.15
$47,435
4.8%
2015
$2,642.92
$67,840
3.9%
2016
$2,554.92
$108,150
2.4%

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