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Wednesday, April 24, 2024

Q2 real estate sales report: Harwood Heights

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Median prices declined in Harwood Heights over last year, and are down 8.4 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 36 homes sold in Harwood Heights for a median price of $262,000. That's 4.9 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, 3 homes in Harwood Heights were in foreclosure.

Median property tax for homeowners in Harwood Heights was $5,474.71 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.

Harwood Heights real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
12
$286,065
-
2010
27
$288,420
0.8%
2011
39
$202,270
-29.9%
2012
31
$207,100
2.4%
2013
26
$244,350
18%
2014
22
$223,660
-8.5%
2015
25
$271,890
21.6%
2016
32
$276,150
1.6%
2017
30
$275,400
-0.3%
2018
36
$262,000
-4.9%

Median property tax
Median sale price
Effective property tax rate
2009
$5,713.95
$286,065
2%
2010
$4,290.67
$288,420
1.5%
2011
$5,012.40
$202,270
2.5%
2012
$5,311.29
$207,100
2.6%
2013
$5,688.87
$244,350
2.3%
2014
$5,252
$223,660
2.3%
2015
$5,370.69
$271,890
2%
2016
$5,411.14
$276,150
2%
2017
$5,474.70
$275,400
2%

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