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Friday, April 26, 2024

Q4 real estate sales report: Oriole Park

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Median prices declined in Oriole Park over last year, and are up 5.6 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 17 homes sold in Oriole Park for a median price of $281,000. That's 3.2 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 2 homes in Oriole Park were in foreclosure.

Median property tax for homeowners in Oriole Park was $4,889.32 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.

Oriole Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
32
$266,175
-
2010
16
$222,300
-16.5%
2011
24
$98,875
-55.5%
2012
14
$214,730
117.2%
2013
29
$243,000
13.2%
2014
27
$229,490
-5.6%
2015
27
$211,470
-7.9%
2016
23
$252,000
19.2%
2017
32
$290,190
15.2%
2018
17
$281,000
-3.2%

Median property tax
Median sale price
Effective property tax rate
2009
$4,083.87
$266,175
1.5%
2010
$3,519.07
$222,300
1.6%
2011
$2,879.82
$98,875
2.9%
2012
$3,230.93
$214,730
1.5%
2013
$3,494.85
$243,000
1.4%
2014
$3,576.41
$229,490
1.6%
2015
$3,871.78
$211,470
1.8%
2016
$4,617.85
$252,000
1.8%
2017
$4,889.31
$290,190
1.7%

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