From January to March, 81 homes sold in Belmont/Cragin for a median price of $263,000. That's 19.9 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 6 homes in Belmont/Cragin were in foreclosure.
Median property tax for homeowners in Belmont/Cragin was $4,278.38 in 2016 according to tax data from that year. That means homeowners pay 2.1 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.
Belmont/Cragin real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
58
$198,900
-
2010
105
$169,860
-14.6%
2011
126
$141,815
-16.5%
2012
100
$140,610
-0.8%
2013
100
$155,790
10.8%
2014
123
$169,600
8.9%
2015
83
$209,350
23.4%
2016
104
$207,900
-0.7%
2017
89
$219,300
5.5%
2018
81
$263,000
19.9%
Median property tax
Median sale price
Effective property tax rate
2009
$4,557.41
$198,900
2.3%
2010
$4,666.62
$169,860
2.7%
2011
$4,419.36
$141,815
3.1%
2012
$3,973.34
$140,610
2.8%
2013
$3,909.15
$155,790
2.5%
2014
$3,857.01
$169,600
2.3%
2015
$4,252.25
$209,350
2%
2016
$4,278.37
$207,900
2.1%
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