Quantcast

Chicago City Wire

Friday, April 26, 2024

Q4 real estate sales report: Washington Park

Realestate1

Median prices declined in Washington Park over last year, and are up 85.8 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 15 homes sold in Washington Park for a median price of $100,000. That's 2 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 3 homes in Washington Park were in foreclosure.

Median property tax for homeowners in Washington Park was $2,384.93 in 2017 according to tax data from that year. That means homeowners pay 2.3 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.

Washington Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
23
$53,820
-
2010
28
$65,550
21.8%
2011
11
$42,940
-34.5%
2012
20
$32,700
-23.8%
2013
25
$37,800
15.6%
2014
27
$63,600
68.3%
2015
11
$113,420
78.3%
2016
24
$68,250
-39.8%
2017
26
$102,000
49.5%
2018
15
$100,000
-2%

Median property tax
Median sale price
Effective property tax rate
2009
$3,700.51
$53,820
6.9%
2010
$4,071.53
$65,550
6.2%
2011
$3,566.69
$42,940
8.3%
2012
$3,126.71
$32,700
9.6%
2013
$2,368.95
$37,800
6.3%
2014
$2,634.30
$63,600
4.1%
2015
$4,603.68
$113,420
4.1%
2016
$1,915.62
$68,250
2.8%
2017
$2,384.92
$102,000
2.3%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS