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Tuesday, April 23, 2024

Q4 real estate sales report: Westchester

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Median prices rose in Westchester over last year, and are down 7.1 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 58 homes sold in Westchester for a median price of $239,250. That's 3.9 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 4 homes in Westchester were in foreclosure.

Median property tax for homeowners in Westchester was $5,176.71 in 2017 according to tax data from that year. That means homeowners pay 2.2 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.

Westchester real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
56
$257,400
-
2010
36
$236,835
-8%
2011
47
$180,800
-23.7%
2012
81
$168,950
-6.6%
2013
78
$187,110
10.7%
2014
94
$193,450
3.4%
2015
84
$205,110
6%
2016
78
$225,225
9.8%
2017
78
$230,265
2.2%
2018
58
$239,250
3.9%

Median property tax
Median sale price
Effective property tax rate
2009
$5,522.08
$257,400
2.1%
2010
$5,543.34
$236,835
2.3%
2011
$5,126.34
$180,800
2.8%
2012
$4,824.29
$168,950
2.9%
2013
$4,909.78
$187,110
2.6%
2014
$4,839.33
$193,450
2.5%
2015
$4,807.89
$205,110
2.3%
2016
$5,309.16
$225,225
2.4%
2017
$5,176.71
$230,265
2.2%

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