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Monday, April 29, 2024

Q1 real estate sales report: Brookfield

Realestate077

Median prices rose in Brookfield over last year, and are down 5 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 58 homes sold in Brookfield for a median price of $227,750. That's 4.3 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, 7 homes in Brookfield were in foreclosure.

Median property tax for homeowners in Brookfield was $5,809.75 in 2016 according to tax data from that year. That means homeowners pay 2.5 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.

Brookfield real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
13
$239,850
-
2010
38
$230,850
-3.8%
2011
35
$180,800
-21.7%
2012
39
$161,320
-10.8%
2013
50
$139,320
-13.6%
2014
41
$177,020
27.1%
2015
51
$240,620
35.9%
2016
52
$227,850
-5.3%
2017
79
$218,280
-4.2%
2018
58
$227,750
4.3%

Median property tax
Median sale price
Effective property tax rate
2009
$6,435.58
$239,850
2.7%
2010
$6,250.14
$230,850
2.7%
2011
$5,870.21
$180,800
3.2%
2012
$6,186.77
$161,320
3.8%
2013
$5,589.29
$139,320
4%
2014
$6,224.24
$177,020
3.5%
2015
$6,418.50
$240,620
2.7%
2016
$5,809.74
$227,850
2.5%

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