From October to December, 15 homes sold in River West for a median price of $483,000. That's 7.6 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in River West.
Median property tax for homeowners in River West was $6,777.17 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.
River West real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
25
$389,610
-
2010
16
$478,800
22.9%
2011
25
$372,900
-22.1%
2012
25
$419,650
12.5%
2013
27
$381,780
-9%
2014
38
$419,495
9.9%
2015
26
$432,480
3.1%
2016
40
$417,900
-3.4%
2017
28
$522,750
25.1%
2018
15
$483,000
-7.6%
Median property tax
Median sale price
Effective property tax rate
2009
$5,140.52
$389,610
1.3%
2010
$7,658.76
$478,800
1.6%
2011
$4,645.85
$372,900
1.2%
2012
$5,517
$419,650
1.3%
2013
$4,127.34
$381,780
1.1%
2014
$4,614.21
$419,495
1.1%
2015
$4,834.79
$432,480
1.1%
2016
$6,159.79
$417,900
1.5%
2017
$6,777.17
$522,750
1.3%