From October to December, 72 homes sold in Marquette Park for a median price of $136,500. That's 6.2 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 8 homes in Marquette Park were in foreclosure.
Median property tax for homeowners in Marquette Park was $2,445.76 in 2017 according to tax data from that year. That means homeowners pay 1.9 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.
Marquette Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
95
$74,880
-
2010
72
$62,700
-16.3%
2011
57
$58,760
-6.3%
2012
64
$54,228
-7.7%
2013
68
$64,800
19.5%
2014
84
$63,070
-2.7%
2015
69
$95,400
51.3%
2016
69
$105,000
10.1%
2017
98
$128,520
22.4%
2018
72
$136,500
6.2%
Median property tax
Median sale price
Effective property tax rate
2009
$2,785.13
$74,880
3.7%
2010
$2,972.35
$62,700
4.7%
2011
$2,724.67
$58,760
4.6%
2012
$2,321.66
$54,228
4.3%
2013
$2,006.99
$64,800
3.1%
2014
$2,146.66
$63,070
3.4%
2015
$2,299.46
$95,400
2.4%
2016
$2,648.78
$105,000
2.5%
2017
$2,445.76
$128,520
1.9%
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