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Thursday, April 25, 2024

Q2 real estate sales report: Kenwood

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Median prices rose in Kenwood over last year, and are down 6.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 31 homes sold in Kenwood for a median price of $316,000. That's 12.2 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 6 homes in Kenwood were in foreclosure.

Median property tax for homeowners in Kenwood was $4,522.98 in 2017 according to tax data from that year. That means homeowners pay 1.6 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.

Kenwood real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
25
$339,300
-
2010
23
$290,700
-14.3%
2011
17
$292,670
0.7%
2012
19
$228,900
-21.8%
2013
29
$162,000
-29.2%
2014
12
$171,985
6.2%
2015
27
$268,180
55.9%
2016
28
$241,500
-9.9%
2017
39
$281,520
16.6%
2018
31
$316,000
12.2%

Median property tax
Median sale price
Effective property tax rate
2009
$3,955.54
$339,300
1.2%
2010
$3,942.91
$290,700
1.4%
2011
$4,685.68
$292,670
1.6%
2012
$3,792.64
$228,900
1.7%
2013
$3,042.03
$162,000
1.9%
2014
$2,976.69
$171,985
1.7%
2015
$4,155.23
$268,180
1.5%
2016
$3,287.56
$241,500
1.4%
2017
$4,522.97
$281,520
1.6%

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