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Chicago City Wire

Tuesday, April 23, 2024

Q3 real estate sales report: Mount Greenwood

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Median prices declined in Mount Greenwood over last year, and are down 3.4 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 78 homes sold in Mount Greenwood for a median price of $242,500. That's 0.9 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 4 homes in Mount Greenwood were in foreclosure.

Median property tax for homeowners in Mount Greenwood was $4,109.64 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.

Mount Greenwood real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
47
$250,965
-
2010
42
$247,380
-1.4%
2011
44
$210,463
-14.9%
2012
42
$209,825
-0.3%
2013
62
$181,980
-13.3%
2014
52
$217,830
19.7%
2015
65
$253,340
16.3%
2016
96
$224,963
-11.2%
2017
66
$244,800
8.8%
2018
78
$242,500
-0.9%

Median property tax
Median sale price
Effective property tax rate
2009
$3,313.65
$250,965
1.3%
2010
$3,509.79
$247,380
1.4%
2011
$3,774.21
$210,463
1.8%
2012
$3,454.35
$209,825
1.6%
2013
$3,238.27
$181,980
1.8%
2014
$3,191.46
$217,830
1.5%
2015
$3,803.43
$253,340
1.5%
2016
$3,963.50
$224,963
1.8%
2017
$4,109.63
$244,800
1.7%

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