From October to December, 271 homes sold in Near North for a median price of $152,000. That's 60.8 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Near North.
Median property tax for homeowners in Near North was $5,957.96 in 2017 according to tax data from that year. That means homeowners pay 1.5 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.
Near North real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
85
$339,300
-
2010
81
$264,480
-22.1%
2011
87
$248,600
-6%
2012
84
$269,503
8.4%
2013
93
$356,400
32.2%
2014
86
$340,790
-4.4%
2015
90
$395,645
16.1%
2016
87
$336,000
-15.1%
2017
71
$387,600
15.4%
2018
271
$152,000
-60.8%
Median property tax
Median sale price
Effective property tax rate
2009
$5,207.65
$339,300
1.5%
2010
$3,748.86
$264,480
1.4%
2011
$2,952.87
$248,600
1.2%
2012
$3,809.93
$269,503
1.4%
2013
$3,841.20
$356,400
1.1%
2014
$3,943.54
$340,790
1.2%
2015
$4,864.05
$395,645
1.2%
2016
$4,893.34
$336,000
1.5%
2017
$5,957.96
$387,600
1.5%
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