From April to June, 101 homes sold in Elmwood Park for a median price of $277,500. That's 13.4 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, 2 homes in Elmwood Park were in foreclosure.
Median property tax for homeowners in Elmwood Park was $6,312.80 in 2017 according to tax data from that year. That means homeowners pay 2.6 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Elmwood Park real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
51
$216,450
-
2010
68
$196,650
-9.1%
2011
67
$168,370
-14.4%
2012
79
$158,050
-6.1%
2013
80
$166,590
5.4%
2014
75
$189,740
13.9%
2015
104
$208,820
10.1%
2016
97
$262,500
25.7%
2017
109
$244,800
-6.7%
2018
101
$277,500
13.4%
Median property tax
Median sale price
Effective property tax rate
2009
$6,019.73
$216,450
2.8%
2010
$5,792.32
$196,650
2.9%
2011
$5,626.93
$168,370
3.3%
2012
$6,188.36
$158,050
3.9%
2013
$5,843.10
$166,590
3.5%
2014
$5,139.10
$189,740
2.7%
2015
$5,680.82
$208,820
2.7%
2016
$6,139.02
$262,500
2.3%
2017
$6,312.80
$244,800
2.6%
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