From April to June, 133 homes sold in Near North for a median price of $322,000. That's 0.7 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, 4 homes in Near North were in foreclosure.
Median property tax for homeowners in Near North was $5,258.85 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.
Near North real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
72
$314,730
-
2010
120
$281,295
-10.6%
2011
78
$264,420
-6%
2012
106
$247,430
-6.4%
2013
100
$361,260
46%
2014
112
$375,240
3.9%
2015
117
$356,160
-5.1%
2016
124
$345,450
-3%
2017
135
$324,360
-6.1%
2018
133
$322,000
-0.7%
Median property tax
Median sale price
Effective property tax rate
2009
$5,316.66
$314,730
1.7%
2010
$3,774.84
$281,295
1.3%
2011
$3,792.43
$264,420
1.4%
2012
$3,856.77
$247,430
1.6%
2013
$4,642.11
$361,260
1.3%
2014
$4,071.75
$375,240
1.1%
2015
$4,906.93
$356,160
1.4%
2016
$5,112.96
$345,450
1.5%
2017
$5,258.85
$324,360
1.6%
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