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Friday, November 22, 2024

Q3 real estate sales report: Westchester

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Median prices rose in Westchester over last year, and are down 5.2 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 103 homes sold in Westchester for a median price of $255,000. That's 6.4 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 5 homes in Westchester were in foreclosure.

Median property tax for homeowners in Westchester was $5,278.10 in 2017 according to tax data from that year. That means homeowners pay 2.2 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.

Westchester real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
70
$269,100
-
2010
51
$209,760
-22.1%
2011
53
$203,400
-3%
2012
86
$185,300
-8.9%
2013
100
$210,600
13.7%
2014
85
$201,400
-4.4%
2015
112
$226,310
12.4%
2016
106
$237,300
4.9%
2017
105
$239,700
1%
2018
103
$255,000
6.4%

Median property tax
Median sale price
Effective property tax rate
2009
$5,038.14
$269,100
1.9%
2010
$5,262.42
$209,760
2.5%
2011
$5,199.95
$203,400
2.6%
2012
$5,017.42
$185,300
2.7%
2013
$5,237.20
$210,600
2.5%
2014
$4,865.53
$201,400
2.4%
2015
$5,019.12
$226,310
2.2%
2016
$5,026.82
$237,300
2.1%
2017
$5,278.10
$239,700
2.2%

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