From October to December, 101 homes sold in Oak Park for a median price of $285,000. That's 4.5 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 3 homes in Oak Park were in foreclosure.
Median property tax for homeowners in Oak Park was $9,217 in 2017 according to tax data from that year. That means homeowners pay 3.1 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.
Oak Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
172
$329,063
-
2010
105
$302,100
-8.2%
2011
117
$276,850
-8.4%
2012
164
$262,690
-5.1%
2013
188
$302,400
15.1%
2014
217
$325,950
7.8%
2015
190
$304,750
-6.5%
2016
192
$304,500
-0.1%
2017
185
$298,350
-2%
2018
101
$285,000
-4.5%
Median property tax
Median sale price
Effective property tax rate
2009
$8,490.49
$329,063
2.6%
2010
$9,872.33
$302,100
3.3%
2011
$9,613.45
$276,850
3.5%
2012
$9,240.65
$262,690
3.5%
2013
$8,864.82
$302,400
2.9%
2014
$9,227.77
$325,950
2.8%
2015
$9,499.44
$304,750
3.1%
2016
$8,670.82
$304,500
2.8%
2017
$9,217
$298,350
3.1%
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