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Friday, April 19, 2024

Q4 real estate sales report: Broadview

Realestate5

Median prices rose in Broadview over last year, and are up 24.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 12 homes sold in Broadview for a median price of $201,500. That's 19.7 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Broadview.

Median property tax for homeowners in Broadview was $4,841.34 in 2017 according to tax data from that year. That means homeowners pay 2.9 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.

Broadview real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
19
$162,045
-
2010
18
$106,020
-34.6%
2011
17
$107,350
1.3%
2012
17
$92,105
-14.2%
2013
25
$110,160
19.6%
2014
30
$85,595
-22.3%
2015
22
$130,115
52%
2016
24
$165,375
27.1%
2017
37
$168,300
1.8%
2018
12
$201,500
19.7%

Median property tax
Median sale price
Effective property tax rate
2009
$5,191.06
$162,045
3.2%
2010
$5,340.23
$106,020
5%
2011
$5,217.93
$107,350
4.9%
2012
$4,797.58
$92,105
5.2%
2013
$3,698.07
$110,160
3.4%
2014
$3,620.22
$85,595
4.2%
2015
$3,963.40
$130,115
3%
2016
$3,608.28
$165,375
2.2%
2017
$4,841.33
$168,300
2.9%

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