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West Cook News

Wednesday, October 16, 2019

Q2 real estate sales report: Hinsdale

Real Estate

By West Cook News | Dec 7, 2018


Median prices rose in Hinsdale over last year, and are up 9.5 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 96 homes sold in Hinsdale for a median price of $928,750. That's 2.1 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Hinsdale.

Median property tax for homeowners in Hinsdale was $14,181.21 in 2017 according to tax data from that year. That means homeowners pay 1.6 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.

Hinsdale real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
61
$848,250
-
2010
93
$769,500
-9.3%
2011
90
$942,985
22.5%
2012
111
$752,100
-20.2%
2013
110
$886,950
17.9%
2014
122
$659,320
-25.7%
2015
97
$911,600
38.3%
2016
116
$805,875
-11.6%
2017
128
$909,840
12.9%
2018
96
$928,750
2.1%

Median property tax
Median sale price
Effective property tax rate
2009
$13,955.39
$848,250
1.6%
2010
$13,279.09
$769,500
1.7%
2011
$13,779.28
$942,985
1.5%
2012
$13,620.40
$752,100
1.8%
2013
$14,325.42
$886,950
1.6%
2014
$10,262.12
$659,320
1.6%
2015
$15,171.33
$911,600
1.7%
2016
$12,244.85
$805,875
1.5%
2017
$14,181.21
$909,840
1.6%

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