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Sunday, December 22, 2024

Q4 real estate sales report: Humboldt Park

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Median prices rose in Humboldt Park over last year, and are up 252.6 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 73 homes sold in Humboldt Park for a median price of $295,000. That's 21.8 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 7 homes in Humboldt Park were in foreclosure.

Median property tax for homeowners in Humboldt Park was $3,683.76 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.

Humboldt Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
135
$83,655
-
2010
94
$87,210
4.2%
2011
96
$92,095
5.6%
2012
104
$120,990
31.4%
2013
149
$143,640
18.7%
2014
133
$191,330
33.2%
2015
141
$223,660
16.9%
2016
126
$282,450
26.3%
2017
120
$242,250
-14.2%
2018
73
$295,000
21.8%

Median property tax
Median sale price
Effective property tax rate
2009
$3,897.35
$83,655
4.7%
2010
$3,791.11
$87,210
4.3%
2011
$3,737.81
$92,095
4.1%
2012
$3,046.43
$120,990
2.5%
2013
$3,203.70
$143,640
2.2%
2014
$3,321.96
$191,330
1.7%
2015
$3,685.87
$223,660
1.6%
2016
$4,019.93
$282,450
1.4%
2017
$3,683.76
$242,250
1.5%

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