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Saturday, April 20, 2024

Q3 real estate sales report: North Mayfair

Realestate4

Median prices rose in North Mayfair over last year, and are up 7.4 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 12 homes sold in North Mayfair for a median price of $352,500. That's 8 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 1 home in North Mayfair was in foreclosure.

Median property tax for homeowners in North Mayfair was $5,590.75 in 2017 according to tax data from that year. That means homeowners pay 1.7 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.

North Mayfair real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
12
$328,185
-
2010
15
$294,120
-10.4%
2011
16
$277,980
-5.5%
2012
16
$202,195
-27.3%
2013
12
$251,100
24.2%
2014
21
$349,800
39.3%
2015
22
$312,170
-10.8%
2016
27
$302,925
-3%
2017
21
$326,400
7.7%
2018
12
$352,500
8%

Median property tax
Median sale price
Effective property tax rate
2009
$5,150.97
$328,185
1.6%
2010
$4,948.40
$294,120
1.7%
2011
$5,176.68
$277,980
1.9%
2012
$4,579.66
$202,195
2.3%
2013
$4,805.94
$251,100
1.9%
2014
$4,642.60
$349,800
1.3%
2015
$4,927.15
$312,170
1.6%
2016
$5,412.54
$302,925
1.8%
2017
$5,590.75
$326,400
1.7%

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