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Friday, April 19, 2024

Q4 real estate sales report: Little Village

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Median prices rose in Little Village over last year, and are up 92.5 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 60 homes sold in Little Village for a median price of $152,000. That's 2.8 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 5 homes in Little Village were in foreclosure.

Median property tax for homeowners in Little Village was $3,066.80 in 2017 according to tax data from that year. That means homeowners pay 2.1 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.

Little Village real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
58
$78,975
-
2010
52
$78,090
-1.1%
2011
48
$61,020
-21.9%
2012
59
$63,220
3.6%
2013
65
$63,720
0.8%
2014
58
$74,200
16.4%
2015
56
$83,210
12.1%
2016
59
$89,250
7.3%
2017
79
$147,900
65.7%
2018
60
$152,000
2.8%

Median property tax
Median sale price
Effective property tax rate
2009
$3,247.64
$78,975
4.1%
2010
$3,225.63
$78,090
4.1%
2011
$3,024.81
$61,020
5%
2012
$2,687.28
$63,220
4.3%
2013
$2,536.74
$63,720
4%
2014
$2,497.25
$74,200
3.4%
2015
$2,569.56
$83,210
3.1%
2016
$3,205.63
$89,250
3.6%
2017
$3,066.80
$147,900
2.1%

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