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Saturday, April 20, 2024

Q3 real estate sales report: Schiller Park

Realestate1

Median prices declined in Schiller Park over last year, and are up 109.8 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 38 homes sold in Schiller Park for a median price of $202,500. That's 2.4 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 3 homes in Schiller Park were in foreclosure.

Median property tax for homeowners in Schiller Park was $5,036.94 in 2017 according to tax data from that year. That means homeowners pay 2.4 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.

Schiller Park real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
30
$96,525
-
2010
32
$76,950
-20.3%
2011
33
$128,820
67.4%
2012
36
$77,663
-39.7%
2013
40
$132,300
70.4%
2014
42
$148,400
12.2%
2015
48
$174,370
17.5%
2016
44
$194,250
11.4%
2017
33
$207,570
6.9%
2018
38
$202,500
-2.4%

Median property tax
Median sale price
Effective property tax rate
2009
$4,307.89
$96,525
4.5%
2010
$1,865.43
$76,950
2.4%
2011
$3,963.33
$128,820
3.1%
2012
$3,868.15
$77,663
5%
2013
$4,389.19
$132,300
3.3%
2014
$5,294.58
$148,400
3.6%
2015
$5,423.81
$174,370
3.1%
2016
$5,640.19
$194,250
2.9%
2017
$5,036.94
$207,570
2.4%

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