From January to March, 17 homes sold in Big Oaks for a median price of $293,000. That's 0.9 percent lower than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Big Oaks.
Median property tax for homeowners in Big Oaks was $4,724.34 in 2016 according to tax data from that year. That means homeowners pay 1.9 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.
Big Oaks real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$315,900
-
2010
9
$302,100
-4.4%
2011
11
$251,990
-16.6%
2012
14
$197,835
-21.5%
2013
14
$186,300
-5.8%
2014
12
$317,735
70.6%
2015
13
$265,000
-16.6%
2016
17
$252,000
-4.9%
2017
13
$295,800
17.4%
2018
17
$293,000
-0.9%
Median property tax
Median sale price
Effective property tax rate
2009
$4,350.76
$315,900
1.4%
2010
$5,105.44
$302,100
1.7%
2011
$5,251.51
$251,990
2.1%
2012
$4,058.84
$197,835
2.1%
2013
$4,294.21
$186,300
2.3%
2014
$4,224.99
$317,735
1.3%
2015
$4,638.85
$265,000
1.8%
2016
$4,724.33
$252,000
1.9%
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