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Friday, April 19, 2024

Q4 real estate sales report: Bridgeport

Realestate4

Median prices rose in Bridgeport over last year, and are up 6.8 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 46 homes sold in Bridgeport for a median price of $380,000. That's 9.6 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 2 homes in Bridgeport were in foreclosure.

Median property tax for homeowners in Bridgeport was $6,091.22 in 2017 according to tax data from that year. That means homeowners pay 1.8 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.

Bridgeport real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
60
$355,680
-
2010
52
$279,300
-21.5%
2011
60
$245,775
-12%
2012
59
$221,270
-10%
2013
71
$240,300
8.6%
2014
98
$289,910
20.6%
2015
87
$265,000
-8.6%
2016
74
$333,375
25.8%
2017
109
$346,800
4%
2018
46
$380,000
9.6%

Median property tax
Median sale price
Effective property tax rate
2009
$4,341.48
$355,680
1.2%
2010
$4,788.42
$279,300
1.7%
2011
$3,620.54
$245,775
1.5%
2012
$3,827.85
$221,270
1.7%
2013
$4,234.70
$240,300
1.8%
2014
$4,691.86
$289,910
1.6%
2015
$4,707.41
$265,000
1.8%
2016
$4,961.83
$333,375
1.5%
2017
$6,091.21
$346,800
1.8%

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