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Tuesday, January 21, 2020

Q4 real estate sales report: Noble Square

Real Estate

By Local Labs News Service | Apr 3, 2019

Re 8

Median prices declined in Noble Square over last year, and are up 6.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 18 homes sold in Noble Square for a median price of $462,500. That's 14.8 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Noble Square.

Median property tax for homeowners in Noble Square was $7,057.50 in 2017 according to tax data from that year. That means homeowners pay 1.3 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.

Noble Square real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
24
$435,240
-
2010
18
$407,265
-6.4%
2011
19
$339,000
-16.8%
2012
29
$379,320
11.9%
2013
26
$418,500
10.3%
2014
35
$477,000
14%
2015
42
$455,800
-4.4%
2016
31
$475,650
4.4%
2017
36
$542,895
14.1%
2018
18
$462,500
-14.8%

Median property tax
Median sale price
Effective property tax rate
2009
$4,986.24
$435,240
1.1%
2010
$6,021.06
$407,265
1.5%
2011
$5,609.87
$339,000
1.7%
2012
$5,853.59
$379,320
1.5%
2013
$5,798.73
$418,500
1.4%
2014
$6,132.49
$477,000
1.3%
2015
$7,447.59
$455,800
1.6%
2016
$6,876.63
$475,650
1.4%
2017
$7,057.50
$542,895
1.3%

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