From October to December, 68 homes sold in Elmwood Park for a median price of $203,000. That's 18 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 2 homes in Elmwood Park were in foreclosure.
Median property tax for homeowners in Elmwood Park was $6,246.70 in 2017 according to tax data from that year. That means homeowners pay 2.5 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.
Elmwood Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
71
$222,300
-
2010
45
$188,100
-15.4%
2011
61
$143,510
-23.7%
2012
87
$131,345
-8.5%
2013
94
$183,600
39.8%
2014
94
$167,480
-8.8%
2015
108
$202,990
21.2%
2016
99
$210,000
3.5%
2017
76
$247,605
17.9%
2018
68
$203,000
-18%
Median property tax
Median sale price
Effective property tax rate
2009
$6,086.31
$222,300
2.7%
2010
$5,291.64
$188,100
2.8%
2011
$5,495.99
$143,510
3.8%
2012
$5,538.60
$131,345
4.2%
2013
$5,586.71
$183,600
3%
2014
$5,384.86
$167,480
3.2%
2015
$5,503.97
$202,990
2.7%
2016
$5,674.73
$210,000
2.7%
2017
$6,246.70
$247,605
2.5%
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