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Friday, December 13, 2019

Q4 real estate sales report: Greater Grand Crossing

Real Estate

By Local Labs News Service | Apr 11, 2019

Realestate2

Median prices rose in Greater Grand Crossing over last year, and are up 131.5 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 79 homes sold in Greater Grand Crossing for a median price of $86,000. That's 29.7 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 13 homes in Greater Grand Crossing were in foreclosure.

Median property tax for homeowners in Greater Grand Crossing was $2,769.69 in 2017 according to tax data from that year. That means homeowners pay 4.2 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.

Greater Grand Crossing real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
102
$37,148
-
2010
65
$29,640
-20.2%
2011
59
$40,680
37.2%
2012
62
$40,330
-0.9%
2013
102
$43,200
7.1%
2014
111
$46,640
8%
2015
90
$60,950
30.7%
2016
101
$78,750
29.2%
2017
100
$66,300
-15.8%
2018
79
$86,000
29.7%

Median property tax
Median sale price
Effective property tax rate
2009
$2,491.95
$37,148
6.7%
2010
$2,325.09
$29,640
7.8%
2011
$2,691.76
$40,680
6.6%
2012
$2,318.97
$40,330
5.8%
2013
$2,353.16
$43,200
5.4%
2014
$2,429.49
$46,640
5.2%
2015
$2,744.04
$60,950
4.5%
2016
$2,863.30
$78,750
3.6%
2017
$2,769.68
$66,300
4.2%

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