From October to December, 24 homes sold in University Village / Little Italy for a median price of $297,000. That's 16.1 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 3 homes in University Village / Little Italy were in foreclosure.
Median property tax for homeowners in University Village / Little Italy was $5,894.50 in 2017 according to tax data from that year. That means homeowners pay 1.7 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.
University Village / Little Italy real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
42
$400,725
-
2010
16
$390,450
-2.6%
2011
24
$285,890
-26.8%
2012
43
$248,520
-13.1%
2013
50
$328,590
32.2%
2014
33
$291,500
-11.3%
2015
42
$328,865
12.8%
2016
34
$459,113
39.6%
2017
47
$353,940
-22.9%
2018
24
$297,000
-16.1%
Median property tax
Median sale price
Effective property tax rate
2009
$4,108.96
$400,725
1%
2010
$6,872.51
$390,450
1.8%
2011
$4,089.57
$285,890
1.4%
2012
$4,250.11
$248,520
1.7%
2013
$4,594.29
$328,590
1.4%
2014
$4,167.95
$291,500
1.4%
2015
$5,520.59
$328,865
1.7%
2016
$7,718.05
$459,113
1.7%
2017
$5,894.49
$353,940
1.7%
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