From January to March, 20 homes sold in Washington Park for a median price of $120,000. That's 7 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 5 homes in Washington Park were in foreclosure.
Median property tax for homeowners in Washington Park was $2,662.14 in 2016 according to tax data from that year. That means homeowners pay 3.5 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.
Washington Park real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
34
$166,140
-
2010
32
$42,750
-74.3%
2011
26
$46,613
9%
2012
22
$46,598
-0%
2013
24
$50,760
8.9%
2014
20
$63,600
25.3%
2015
17
$76,850
20.8%
2016
22
$76,125
-0.9%
2017
17
$112,200
47.4%
2018
20
$120,000
7%
Median property tax
Median sale price
Effective property tax rate
2009
$3,144.50
$166,140
1.9%
2010
$2,903.59
$42,750
6.8%
2011
$3,872.62
$46,613
8.3%
2012
$2,439.30
$46,598
5.2%
2013
$2,388.54
$50,760
4.7%
2014
$2,318.83
$63,600
3.6%
2015
$1,834.24
$76,850
2.4%
2016
$2,662.13
$76,125
3.5%
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