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Tuesday, April 16, 2024

Q1 real estate sales report: Countryside

Realestate2

Median prices declined in Countryside over last year, and are down 66 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 12 homes sold in Countryside for a median price of $114,500. That's 40.4 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, 3 homes in Countryside were in foreclosure.

Median property tax for homeowners in Countryside was $4,344.14 in 2016 according to tax data from that year. That means homeowners pay 2.8 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Countryside real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
8
$336,375
-
2010
9
$246,240
-26.8%
2011
10
$205,095
-16.7%
2012
15
$80,660
-60.7%
2013
17
$70,200
-13%
2014
10
$138,860
97.8%
2015
11
$159,000
14.5%
2016
19
$157,500
-0.9%
2017
24
$192,270
22.1%
2018
12
$114,500
-40.4%

Median property tax
Median sale price
Effective property tax rate
2009
$8,092.18
$336,375
2.4%
2010
$4,330.26
$246,240
1.8%
2011
$5,365.94
$205,095
2.6%
2012
$2,742.87
$80,660
3.4%
2013
$2,449.47
$70,200
3.5%
2014
$2,856.05
$138,860
2.1%
2015
$4,289.06
$159,000
2.7%
2016
$4,344.14
$157,500
2.8%

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