Quantcast

Chicago City Wire

Friday, April 19, 2024

Q1 real estate sales report: Ukrainian Village

Re 6

Median prices rose in Ukrainian Village over last year, and are up 46.1 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 60 homes sold in Ukrainian Village for a median price of $602,500. That's 9.6 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Ukrainian Village.

Median property tax for homeowners in Ukrainian Village was $9,092.73 in 2016 according to tax data from that year. That means homeowners pay 1.7 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.

Ukrainian Village real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
29
$412,425
-
2010
50
$407,550
-1.2%
2011
29
$403,410
-1%
2012
38
$359,700
-10.8%
2013
38
$359,100
-0.2%
2014
37
$439,900
22.5%
2015
58
$472,760
7.5%
2016
48
$524,738
11%
2017
52
$549,780
4.8%
2018
60
$602,500
9.6%

Median property tax
Median sale price
Effective property tax rate
2009
$5,729.95
$412,425
1.4%
2010
$6,239.32
$407,550
1.5%
2011
$6,405.75
$403,410
1.6%
2012
$5,850.49
$359,700
1.6%
2013
$6,157.25
$359,100
1.7%
2014
$6,834.22
$439,900
1.6%
2015
$8,983.80
$472,760
1.9%
2016
$9,092.72
$524,738
1.7%

MORE NEWS