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Saturday, April 20, 2024

Q4 real estate sales report: Edgewater

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Median prices declined in Edgewater over last year, and are down 19.9 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 97 homes sold in Edgewater for a median price of $192,000. That's 5.9 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 3 homes in Edgewater were in foreclosure.

Median property tax for homeowners in Edgewater was $2,875.30 in 2017 according to tax data from that year. That means homeowners pay 1.4 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.

Edgewater real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
157
$239,850
-
2010
78
$205,485
-14.3%
2011
73
$197,750
-3.8%
2012
161
$168,950
-14.6%
2013
163
$177,120
4.8%
2014
145
$205,110
15.8%
2015
154
$242,475
18.2%
2016
149
$235,725
-2.8%
2017
173
$204,000
-13.5%
2018
97
$192,000
-5.9%

Median property tax
Median sale price
Effective property tax rate
2009
$2,292.65
$239,850
1%
2010
$3,309.95
$205,485
1.6%
2011
$2,818.43
$197,750
1.4%
2012
$2,587.94
$168,950
1.5%
2013
$2,607.43
$177,120
1.5%
2014
$2,416.65
$205,110
1.2%
2015
$3,220.46
$242,475
1.3%
2016
$3,090.18
$235,725
1.3%
2017
$2,875.29
$204,000
1.4%

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