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Thursday, April 25, 2024

Q2 real estate sales report: Maywood

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Median prices rose in Maywood over last year, and are up 120.4 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 90 homes sold in Maywood for a median price of $134,750. That's 21.2 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 14 homes in Maywood were in foreclosure.

Median property tax for homeowners in Maywood was $6,713.32 in 2017 according to tax data from that year. That means homeowners pay 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.

Maywood real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
50
$61,133
-
2010
68
$51,015
-16.6%
2011
62
$45,200
-11.4%
2012
49
$45,780
1.3%
2013
59
$43,200
-5.6%
2014
71
$66,250
53.4%
2015
65
$61,480
-7.2%
2016
71
$76,650
24.7%
2017
66
$111,180
45%
2018
90
$134,750
21.2%

Median property tax
Median sale price
Effective property tax rate
2009
$7,192.66
$61,133
11.8%
2010
$6,861.83
$51,015
13.5%
2011
$4,749.81
$45,200
10.5%
2012
$5,324.07
$45,780
11.6%
2013
$5,248.33
$43,200
12.1%
2014
$4,928.33
$66,250
7.4%
2015
$5,480.76
$61,480
8.9%
2016
$5,975
$76,650
7.8%
2017
$6,713.31
$111,180
6%

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