From July to September, 89 homes sold in Elmwood Park for a median price of $255,000. That's 10.1 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 1 home in Elmwood Park was in foreclosure.
Median property tax for homeowners in Elmwood Park was $5,797.90 in 2017 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 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Elmwood Park real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
59
$188,955
-
2010
69
$188,100
-0.5%
2011
79
$169,500
-9.9%
2012
82
$152,600
-10%
2013
94
$160,920
5.5%
2014
95
$216,240
34.4%
2015
108
$206,170
-4.7%
2016
111
$256,200
24.3%
2017
105
$231,540
-9.6%
2018
89
$255,000
10.1%
Median property tax
Median sale price
Effective property tax rate
2009
$5,586.28
$188,955
3%
2010
$5,165.04
$188,100
2.7%
2011
$5,814.56
$169,500
3.4%
2012
$5,585.90
$152,600
3.7%
2013
$5,330.45
$160,920
3.3%
2014
$5,638.05
$216,240
2.6%
2015
$5,445.04
$206,170
2.6%
2016
$5,850.98
$256,200
2.3%
2017
$5,797.90
$231,540
2.5%
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