From October to December, 15 homes sold in O'Hare for a median price of $430,000. That's 87.4 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 2 homes in O'Hare were in foreclosure.
Median property tax for homeowners in O'Hare was $2,898.94 in 2017 according to tax data from that year. That means homeowners pay 1.3 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.
O'Hare real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
28
$124,020
-
2010
19
$102,030
-17.7%
2011
18
$132,775
30.1%
2012
25
$141,700
6.7%
2013
35
$142,560
0.6%
2014
32
$261,820
83.7%
2015
30
$125,080
-52.2%
2016
29
$220,500
76.3%
2017
26
$229,500
4.1%
2018
15
$430,000
87.4%
Median property tax
Median sale price
Effective property tax rate
2009
$2,599.63
$124,020
2.1%
2010
$3,188.59
$102,030
3.1%
2011
$2,796.06
$132,775
2.1%
2012
$3,339.97
$141,700
2.4%
2013
$2,893.94
$142,560
2%
2014
$2,793.82
$261,820
1.1%
2015
$1,801.52
$125,080
1.4%
2016
$4,132.24
$220,500
1.9%
2017
$2,898.93
$229,500
1.3%
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