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Friday, April 26, 2024

Q2 real estate sales report: Edison Park

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Median prices rose in Edison Park over last year, and are down 9.5 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 63 homes sold in Edison Park for a median price of $340,000. That's 4.2 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 2 homes in Edison Park were in foreclosure.

Median property tax for homeowners in Edison Park was $5,746.66 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.

Edison Park real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
25
$375,570
-
2010
34
$307,800
-18%
2011
32
$257,075
-16.5%
2012
28
$247,430
-3.8%
2013
37
$298,080
20.5%
2014
46
$339,200
13.8%
2015
46
$327,540
-3.4%
2016
55
$338,625
3.4%
2017
53
$326,400
-3.6%
2018
63
$340,000
4.2%

Median property tax
Median sale price
Effective property tax rate
2009
$5,421.49
$375,570
1.4%
2010
$5,061.31
$307,800
1.6%
2011
$4,891.03
$257,075
1.9%
2012
$4,350.26
$247,430
1.8%
2013
$5,166.61
$298,080
1.7%
2014
$4,911.93
$339,200
1.4%
2015
$5,449.03
$327,540
1.7%
2016
$5,758.72
$338,625
1.7%
2017
$5,746.65
$326,400
1.8%

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