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Monday, February 17, 2020

Q4 real estate sales report: Hyde Park

Real Estate

By Local Labs News Service | Apr 16, 2019

Re 10

Median prices declined in Hyde Park over last year, and are down 19.9 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 32 homes sold in Hyde Park for a median price of $185,000. That's 19.4 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 1 home in Hyde Park was in foreclosure.

Median property tax for homeowners in Hyde Park was $3,607.09 in 2017 according to tax data from that year. That means homeowners pay 1.6 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.

Hyde Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
42
$231,075
-
2010
24
$161,595
-30.1%
2011
36
$182,439
12.9%
2012
43
$189,660
4%
2013
58
$164,700
-13.2%
2014
54
$144,690
-12.1%
2015
64
$172,780
19.4%
2016
54
$175,875
1.8%
2017
53
$229,500
30.5%
2018
32
$185,000
-19.4%

Median property tax
Median sale price
Effective property tax rate
2009
$2,938.98
$231,075
1.3%
2010
$2,348.73
$161,595
1.5%
2011
$3,870.06
$182,439
2.1%
2012
$2,519.06
$189,660
1.3%
2013
$3,216.09
$164,700
2%
2014
$2,720.68
$144,690
1.9%
2015
$3,326.76
$172,780
1.9%
2016
$2,489.77
$175,875
1.4%
2017
$3,607.08
$229,500
1.6%

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