From July to September, 82 homes sold in Norwood Park for a median price of $329,500. That's 2.1 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, 3 homes in Norwood Park were in foreclosure.
Median property tax for homeowners in Norwood Park was $5,396.26 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.
Norwood Park real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
74
$327,600
-
2010
51
$290,700
-11.3%
2011
51
$288,150
-0.9%
2012
68
$281,220
-2.4%
2013
98
$287,550
2.3%
2014
93
$310,050
7.8%
2015
82
$311,640
0.5%
2016
90
$346,500
11.2%
2017
116
$336,600
-2.9%
2018
82
$329,500
-2.1%
Median property tax
Median sale price
Effective property tax rate
2009
$5,501.20
$327,600
1.7%
2010
$5,303.28
$290,700
1.8%
2011
$5,161.30
$288,150
1.8%
2012
$4,704.77
$281,220
1.7%
2013
$4,451.66
$287,550
1.5%
2014
$4,539.67
$310,050
1.5%
2015
$4,792.46
$311,640
1.5%
2016
$5,339.20
$346,500
1.5%
2017
$5,396.25
$336,600
1.6%