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Saturday, April 20, 2024

Q4 real estate sales report: Woodlawn

Realestate3

Median prices rose in Woodlawn over last year, and are up 194.4 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 36 homes sold in Woodlawn for a median price of $155,000. That's 14.5 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 7 homes in Woodlawn were in foreclosure.

Median property tax for homeowners in Woodlawn was $3,465.46 in 2017 according to tax data from that year. That means homeowners pay 2.6 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.

Woodlawn real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
64
$52,650
-
2010
42
$51,870
-1.5%
2011
45
$55,370
6.7%
2012
45
$53,410
-3.5%
2013
44
$47,520
-11%
2014
64
$63,070
32.7%
2015
50
$121,900
93.3%
2016
56
$97,125
-20.3%
2017
56
$135,405
39.4%
2018
36
$155,000
14.5%

Median property tax
Median sale price
Effective property tax rate
2009
$3,126.97
$52,650
5.9%
2010
$2,676.74
$51,870
5.2%
2011
$3,150.44
$55,370
5.7%
2012
$2,776.45
$53,410
5.2%
2013
$2,832.07
$47,520
6%
2014
$2,949.22
$63,070
4.7%
2015
$3,479.25
$121,900
2.9%
2016
$3,422.03
$97,125
3.5%
2017
$3,465.45
$135,405
2.6%

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