Quantcast

Chicago City Wire

Wednesday, April 24, 2024

Q4 real estate sales report: Pilsen

Re 14

Median prices rose in Pilsen over last year, and are up 78.2 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 20 homes sold in Pilsen for a median price of $404,500. That's 22.2 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Pilsen.

Median property tax for homeowners in Pilsen was $4,986.04 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.

Pilsen real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
17
$226,980
-
2010
17
$285,000
25.6%
2011
10
$163,850
-42.5%
2012
24
$144,970
-11.5%
2013
34
$143,100
-1.3%
2014
37
$289,380
102.2%
2015
19
$249,100
-13.9%
2016
34
$315,000
26.5%
2017
35
$330,990
5.1%
2018
20
$404,500
22.2%

Median property tax
Median sale price
Effective property tax rate
2009
$4,059.16
$226,980
1.8%
2010
$4,656.33
$285,000
1.6%
2011
$3,966.50
$163,850
2.4%
2012
$3,352.14
$144,970
2.3%
2013
$3,626.45
$143,100
2.5%
2014
$4,121.25
$289,380
1.4%
2015
$4,515.53
$249,100
1.8%
2016
$4,822.82
$315,000
1.5%
2017
$4,986.03
$330,990
1.5%

MORE NEWS