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Friday, February 21, 2020

Q4 real estate sales report: Montclare

Real Estate

By Local Labs News Service | Mar 18, 2019

Realestate2

Median prices rose in Montclare over last year, and are up 39.5 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 26 homes sold in Montclare for a median price of $261,500. That's 6.8 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 1 home in Montclare was in foreclosure.

Median property tax for homeowners in Montclare was $4,220.11 in 2017 according to tax data from that year. That means homeowners pay 1.7 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.

Montclare real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
38
$187,493
-
2010
28
$193,800
3.4%
2011
31
$163,850
-15.5%
2012
35
$141,700
-13.5%
2013
48
$167,400
18.1%
2014
52
$193,450
15.6%
2015
45
$219,950
13.7%
2016
47
$256,200
16.5%
2017
43
$244,800
-4.4%
2018
26
$261,500
6.8%

Median property tax
Median sale price
Effective property tax rate
2009
$4,669.52
$187,493
2.5%
2010
$4,598.32
$193,800
2.4%
2011
$4,613.42
$163,850
2.8%
2012
$4,063.53
$141,700
2.9%
2013
$3,799.06
$167,400
2.3%
2014
$4,070.34
$193,450
2.1%
2015
$3,823.85
$219,950
1.7%
2016
$4,239.94
$256,200
1.7%
2017
$4,220.10
$244,800
1.7%

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