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Chicago City Wire

Tuesday, April 23, 2024

Q2 real estate sales report: Dunning

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Median prices rose in Dunning over last year, and are up 11.3 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 182 homes sold in Dunning for a median price of $269,500. That's 3.5 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 9 homes in Dunning were in foreclosure.

Median property tax for homeowners in Dunning was $4,596.99 in 2017 according to tax data from that year. That means homeowners pay 1.8 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.

Dunning real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
79
$242,190
-
2010
171
$214,320
-11.5%
2011
109
$179,670
-16.2%
2012
140
$170,040
-5.4%
2013
165
$172,800
1.6%
2014
136
$212,000
22.7%
2015
149
$208,290
-1.8%
2016
182
$246,488
18.3%
2017
162
$260,355
5.6%
2018
182
$269,500
3.5%

Median property tax
Median sale price
Effective property tax rate
2009
$4,564.29
$242,190
1.9%
2010
$4,410.42
$214,320
2.1%
2011
$4,492.69
$179,670
2.5%
2012
$3,702.88
$170,040
2.2%
2013
$3,668.13
$172,800
2.1%
2014
$3,652.11
$212,000
1.7%
2015
$4,073.24
$208,290
2%
2016
$4,520.19
$246,488
1.8%
2017
$4,596.99
$260,355
1.8%

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