From October to December, 58 homes sold in Morgan Park for a median price of $149,000. That's 3.9 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 7 homes in Morgan Park were in foreclosure.
Median property tax for homeowners in Morgan Park was $3,279.23 in 2017 according to tax data from that year. That means homeowners pay 2.1 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.
Morgan Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
52
$198,900
-
2010
33
$119,700
-39.8%
2011
28
$107,350
-10.3%
2012
31
$130,800
21.8%
2013
48
$82,620
-36.8%
2014
55
$148,400
79.6%
2015
56
$150,520
1.4%
2016
52
$158,550
5.3%
2017
57
$155,040
-2.2%
2018
58
$149,000
-3.9%
Median property tax
Median sale price
Effective property tax rate
2009
$2,913.65
$198,900
1.5%
2010
$2,932.06
$119,700
2.4%
2011
$2,649.06
$107,350
2.5%
2012
$2,867.21
$130,800
2.2%
2013
$2,452.16
$82,620
3%
2014
$2,592.84
$148,400
1.7%
2015
$2,569.76
$150,520
1.7%
2016
$3,276.69
$158,550
2.1%
2017
$3,279.22
$155,040
2.1%
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