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Sunday, April 13, 2025

Q1 real estate sales report: Maywood

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Median prices rose in Maywood over last year, and are up 69.8 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 68 homes sold in Maywood for a median price of $111,750. That's 4.3 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, 21 homes in Maywood were in foreclosure.

Median property tax for homeowners in Maywood was $5,656.09 in 2016 according to tax data from that year. That means homeowners pay 8.6 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.

Maywood real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
40
$65,813
-
2010
58
$45,315
-31.1%
2011
58
$40,115
-11.5%
2012
34
$45,235
12.8%
2013
54
$36,180
-20%
2014
51
$44,520
23.1%
2015
65
$68,900
54.8%
2016
55
$65,625
-4.8%
2017
61
$107,100
63.2%
2018
68
$111,750
4.3%

Median property tax
Median sale price
Effective property tax rate
2009
$6,963.35
$65,813
10.6%
2010
$7,299.30
$45,315
16.1%
2011
$5,029.16
$40,115
12.5%
2012
$5,344.44
$45,235
11.8%
2013
$4,889.31
$36,180
13.5%
2014
$5,019.55
$44,520
11.3%
2015
$4,975.11
$68,900
7.2%
2016
$5,656.08
$65,625
8.6%

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