From October to December, 98 homes sold in Gresham for a median price of $83,250. That's 11.3 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 22 homes in Gresham were in foreclosure.
Median property tax for homeowners in Gresham was $2,567.17 in 2017 according to tax data from that year. That means homeowners pay 2.7 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.
Gresham real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
105
$50,310
-
2010
72
$55,860
11%
2011
74
$52,263
-6.4%
2012
91
$52,320
0.1%
2013
99
$57,240
9.4%
2014
111
$53,000
-7.4%
2015
110
$59,360
12%
2016
130
$74,288
25.1%
2017
153
$93,840
26.3%
2018
98
$83,250
-11.3%
Median property tax
Median sale price
Effective property tax rate
2009
$2,342.29
$50,310
4.7%
2010
$2,402.01
$55,860
4.3%
2011
$2,206.24
$52,263
4.2%
2012
$2,150.40
$52,320
4.1%
2013
$2,153.74
$57,240
3.8%
2014
$2,097.10
$53,000
4%
2015
$2,208.99
$59,360
3.7%
2016
$2,436.65
$74,288
3.3%
2017
$2,567.17
$93,840
2.7%
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