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Friday, April 26, 2024

Q4 real estate sales report: Mount Greenwood

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Median prices rose in Mount Greenwood over last year, and are down 0.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 41 homes sold in Mount Greenwood for a median price of $245,000. That's 0.1 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 5 homes in Mount Greenwood were in foreclosure.

Median property tax for homeowners in Mount Greenwood was $3,953.29 in 2017 according to tax data from that year. That means homeowners pay 1.6 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.

Mount Greenwood real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
49
$245,700
-
2010
29
$216,600
-11.8%
2011
26
$200,575
-7.4%
2012
28
$180,395
-10.1%
2013
47
$187,920
4.2%
2014
62
$209,880
11.7%
2015
58
$212,000
1%
2016
61
$216,300
2%
2017
63
$244,800
13.2%
2018
41
$245,000
0.1%

Median property tax
Median sale price
Effective property tax rate
2009
$3,283.05
$245,700
1.3%
2010
$3,767.34
$216,600
1.7%
2011
$3,647.75
$200,575
1.8%
2012
$3,216.87
$180,395
1.8%
2013
$3,125.70
$187,920
1.7%
2014
$3,231.68
$209,880
1.5%
2015
$3,518.08
$212,000
1.7%
2016
$3,890.14
$216,300
1.8%
2017
$3,953.28
$244,800
1.6%

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