From July to September, 16 homes sold in Lincoln Square for a median price of $522,500. That's 2.5 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Lincoln Square.
Median property tax for homeowners in Lincoln Square was $7,855.25 in 2017 according to tax data from that year. That means homeowners pay 1.5 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.
Lincoln Square real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
12
$566,865
-
2010
6
$465,120
-17.9%
2011
10
$284,760
-38.8%
2012
8
$400,575
40.7%
2013
13
$452,520
13%
2014
17
$393,260
-13.1%
2015
21
$613,740
56.1%
2016
8
$567,525
-7.5%
2017
21
$510,000
-10.1%
2018
16
$522,500
2.5%
Median property tax
Median sale price
Effective property tax rate
2009
$4,179.71
$566,865
0.7%
2010
$7,245.56
$465,120
1.6%
2011
$6,625.78
$284,760
2.3%
2012
$6,954.24
$400,575
1.7%
2013
$6,488.99
$452,520
1.4%
2014
$7,626.59
$393,260
1.9%
2015
$8,429.83
$613,740
1.4%
2016
$8,880.22
$567,525
1.6%
2017
$7,855.25
$510,000
1.5%
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