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Chicago City Wire

Thursday, April 18, 2024

Q4 real estate sales report: Englewood

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Median prices rose in Englewood over last year, and are up 113.7 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 78 homes sold in Englewood for a median price of $52,500. That's 71.6 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 27 homes in Englewood were in foreclosure.

Median property tax for homeowners in Englewood was $2,654.21 in 2017 according to tax data from that year. That means homeowners pay 8.7 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.

Englewood real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
181
$24,570
-
2010
127
$17,100
-30.4%
2011
79
$28,250
65.2%
2012
64
$17,168
-39.2%
2013
105
$23,760
38.4%
2014
76
$21,200
-10.8%
2015
89
$25,440
20%
2016
80
$29,138
14.5%
2017
110
$30,600
5%
2018
78
$52,500
71.6%

Median property tax
Median sale price
Effective property tax rate
2009
$2,661.64
$24,570
10.8%
2010
$2,506.89
$17,100
14.7%
2011
$2,819.54
$28,250
10%
2012
$1,999.46
$17,168
11.6%
2013
$2,511.65
$23,760
10.6%
2014
$2,231.54
$21,200
10.5%
2015
$2,476.39
$25,440
9.7%
2016
$2,723.72
$29,138
9.3%
2017
$2,654.21
$30,600
8.7%

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