Quantcast

Chicago City Wire

Friday, April 19, 2024

Q3 real estate sales report: Humboldt Park

Re 1

Median prices rose in Humboldt Park over last year, and are up 191.1 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 133 homes sold in Humboldt Park for a median price of $315,000. That's 21.1 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 7 homes in Humboldt Park were in foreclosure.

Median property tax for homeowners in Humboldt Park was $3,781.48 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.

Humboldt Park real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
122
$108,225
-
2010
132
$88,350
-18.4%
2011
102
$97,180
10%
2012
115
$125,350
29%
2013
155
$151,200
20.6%
2014
129
$184,440
22%
2015
178
$272,950
48%
2016
165
$303,450
11.2%
2017
129
$260,100
-14.3%
2018
133
$315,000
21.1%

Median property tax
Median sale price
Effective property tax rate
2009
$3,585.52
$108,225
3.3%
2010
$3,726.27
$88,350
4.2%
2011
$3,902.58
$97,180
4%
2012
$3,339.83
$125,350
2.7%
2013
$3,050.58
$151,200
2%
2014
$3,148.40
$184,440
1.7%
2015
$4,091.93
$272,950
1.5%
2016
$3,929.45
$303,450
1.3%
2017
$3,781.47
$260,100
1.5%

MORE NEWS