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Friday, February 28, 2020

Q3 real estate sales report: Hyde Park

Real Estate

By Local Labs News Service | Mar 9, 2019

Re 14

Median prices rose in Hyde Park over last year, and are up 0.7 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 109 homes sold in Hyde Park for a median price of $255,000. That's 8.7 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 2 homes in Hyde Park were in foreclosure.

Median property tax for homeowners in Hyde Park was $2,999.36 in 2017 according to tax data from that year. That means homeowners pay 1.3 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.

Hyde Park real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
76
$253,305
-
2010
45
$262,200
3.5%
2011
50
$276,850
5.6%
2012
79
$191,840
-30.7%
2013
87
$255,960
33.4%
2014
73
$224,720
-12.2%
2015
101
$255,460
13.7%
2016
115
$231,000
-9.6%
2017
105
$234,600
1.6%
2018
109
$255,000
8.7%

Median property tax
Median sale price
Effective property tax rate
2009
$3,160.26
$253,305
1.2%
2010
$3,352.74
$262,200
1.3%
2011
$4,501.71
$276,850
1.6%
2012
$2,945.31
$191,840
1.5%
2013
$3,598.81
$255,960
1.4%
2014
$3,246.33
$224,720
1.4%
2015
$3,790.54
$255,460
1.5%
2016
$3,071.64
$231,000
1.3%
2017
$2,999.36
$234,600
1.3%

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