Q1 real estate sales report: Albany Park
From January to March, 93 homes sold in Albany Park for a median price of $260,000. That's 7.9 percent lower than median home sale prices for the first quarter of 2017.
In the first quarter, 5 homes in Albany Park were in foreclosure.
Median property tax for homeowners in Albany Park was $5,156 in 2016 according to tax data from that year. That means homeowners pay 2 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.