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Thursday, April 25, 2024

Q2 real estate sales report: Woodlawn

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Median prices rose in Woodlawn over last year, and are up 237.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 81 homes sold in Woodlawn for a median price of $170,000. That's 4.5 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 10 homes in Woodlawn were in foreclosure.

Median property tax for homeowners in Woodlawn was $3,299.30 in 2017 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 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Woodlawn real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
65
$50,310
-
2010
60
$50,160
-0.3%
2011
48
$64,410
28.4%
2012
40
$74,665
15.9%
2013
49
$64,800
-13.2%
2014
55
$100,170
54.6%
2015
53
$74,200
-25.9%
2016
65
$89,250
20.3%
2017
63
$162,690
82.3%
2018
81
$170,000
4.5%

Median property tax
Median sale price
Effective property tax rate
2009
$2,984.16
$50,310
5.9%
2010
$2,785.14
$50,160
5.6%
2011
$3,128.79
$64,410
4.9%
2012
$2,459.52
$74,665
3.3%
2013
$2,504.57
$64,800
3.9%
2014
$2,677.75
$100,170
2.7%
2015
$2,939.63
$74,200
4%
2016
$3,126.33
$89,250
3.5%
2017
$3,299.29
$162,690
2%

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