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Tuesday, April 16, 2024

Q4 real estate sales report: Hinsdale

Realestate4

Median prices rose in Hinsdale over last year, and are up 9.7 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 79 homes sold in Hinsdale for a median price of $767,000. That's 12.4 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 1 home in Hinsdale was in foreclosure.

Median property tax for homeowners in Hinsdale was $13,656.84 in 2017 according to tax data from that year. That means homeowners pay 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.

Hinsdale real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
68
$699,075
-
2010
61
$819,090
17.2%
2011
41
$791,000
-3.4%
2012
66
$798,425
0.9%
2013
83
$756,000
-5.3%
2014
66
$784,400
3.8%
2015
79
$795,000
1.4%
2016
79
$750,750
-5.6%
2017
53
$682,380
-9.1%
2018
79
$767,000
12.4%

Median property tax
Median sale price
Effective property tax rate
2009
$10,950.91
$699,075
1.6%
2010
$17,161.08
$819,090
2.1%
2011
$12,218.12
$791,000
1.5%
2012
$14,506.25
$798,425
1.8%
2013
$13,515.98
$756,000
1.8%
2014
$11,125.78
$784,400
1.4%
2015
$11,745.99
$795,000
1.5%
2016
$11,785.99
$750,750
1.6%
2017
$13,656.84
$682,380
2%

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