From January to March, 33 homes sold in Edison Park for a median price of $340,000. That's 24.4 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 1 home in Edison Park was in foreclosure.
Median property tax for homeowners in Edison Park was $5,626.02 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.
Edison Park real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
16
$250,965
-
2010
24
$285,000
13.6%
2011
13
$293,800
3.1%
2012
17
$256,150
-12.8%
2013
31
$264,600
3.3%
2014
33
$286,200
8.2%
2015
40
$298,125
4.2%
2016
23
$283,500
-4.9%
2017
29
$273,360
-3.6%
2018
33
$340,000
24.4%
Median property tax
Median sale price
Effective property tax rate
2009
$4,812.22
$250,965
1.9%
2010
$4,969.60
$285,000
1.7%
2011
$5,311.21
$293,800
1.8%
2012
$4,582.80
$256,150
1.8%
2013
$4,954.11
$264,600
1.9%
2014
$4,912.11
$286,200
1.7%
2015
$5,747.11
$298,125
1.9%
2016
$5,626.01
$283,500
2%
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