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Thursday, April 25, 2024

Q4 real estate sales report: La Grange

Realestate3

Median prices rose in La Grange over last year, and are down 2 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 26 homes sold in La Grange for a median price of $410,000. That's 3.8 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in La Grange.

Median property tax for homeowners in La Grange was $9,865.61 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.

La Grange real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
38
$418,275
-
2010
42
$364,800
-12.8%
2011
38
$397,478
9%
2012
53
$307,380
-22.7%
2013
84
$328,050
6.7%
2014
63
$466,400
42.2%
2015
55
$374,180
-19.8%
2016
62
$441,788
18.1%
2017
58
$394,995
-10.6%
2018
26
$410,000
3.8%

Median property tax
Median sale price
Effective property tax rate
2009
$9,716.01
$418,275
2.3%
2010
$6,593.45
$364,800
1.8%
2011
$10,058.39
$397,478
2.5%
2012
$7,548.48
$307,380
2.5%
2013
$7,570.33
$328,050
2.3%
2014
$9,757.31
$466,400
2.1%
2015
$8,318.02
$374,180
2.2%
2016
$9,121.70
$441,788
2.1%
2017
$9,865.60
$394,995
2.5%

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