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Friday, April 19, 2024

Q4 real estate sales report: Calumet Heights

Realestate5

Median prices rose in Calumet Heights over last year, and are up 51.6 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 70 homes sold in Calumet Heights for a median price of $150,750. That's 12.8 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 12 homes in Calumet Heights were in foreclosure.

Median property tax for homeowners in Calumet Heights was $2,713.26 in 2017 according to tax data from that year. That means homeowners pay 2 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.

Calumet Heights real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
57
$99,450
-
2010
41
$79,800
-19.8%
2011
35
$101,700
27.4%
2012
52
$56,680
-44.3%
2013
75
$65,340
15.3%
2014
75
$74,200
13.6%
2015
71
$84,800
14.3%
2016
82
$120,750
42.4%
2017
112
$133,620
10.7%
2018
70
$150,750
12.8%

Median property tax
Median sale price
Effective property tax rate
2009
$2,461.17
$99,450
2.5%
2010
$2,503.74
$79,800
3.1%
2011
$2,692.17
$101,700
2.6%
2012
$2,306.20
$56,680
4.1%
2013
$2,145.24
$65,340
3.3%
2014
$2,473.30
$74,200
3.3%
2015
$2,473.76
$84,800
2.9%
2016
$2,734.36
$120,750
2.3%
2017
$2,713.26
$133,620
2%

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