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Friday, April 19, 2024

Q2 real estate sales report: Riverdale/Altgeld Gardens

Realestate077

Median prices rose in Riverdale/Altgeld Gardens over last year, and are up 185.4 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 2 homes sold in Riverdale/Altgeld Gardens for a median price of $46,750. That's 123.6 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Riverdale/Altgeld Gardens.

Median property tax for homeowners in Riverdale/Altgeld Gardens was $1,126.48 in 2017 according to tax data from that year. That means homeowners pay 5.4 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.

Riverdale/Altgeld Gardens real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
5
$16,380
-
2010
2
$6,555
-60%
2011
4
$14,408
119.8%
2012
2
$5,723
-60.3%
2013
5
$14,040
145.3%
2014
6
$14,045
0%
2016
2
$18,086
28.8%
2017
3
$20,910
15.6%
2018
2
$46,750
123.6%

Median property tax
Median sale price
Effective property tax rate
2009
$1,285.24
$16,380
7.8%
2010
$1,321.97
$6,555
20.2%
2011
$1,457.68
$14,408
10.1%
2012
$1,060.89
$5,723
18.5%
2013
$1,010.19
$14,040
7.2%
2014
$1,013.04
$14,045
7.2%
2016
$1,730.26
$18,086
9.6%
2017
$1,126.47
$20,910
5.4%

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