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Thursday, April 25, 2024

Q2 real estate sales report: Wilmette

Realestate5

Median prices rose in Wilmette over last year, and are up 4.7 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 165 homes sold in Wilmette for a median price of $750,000. That's 19.6 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 4 homes in Wilmette were in foreclosure.

Median property tax for homeowners in Wilmette was $11,827.09 in 2017 according to tax data from that year. That means homeowners pay 1.9 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.

Wilmette real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
44
$716,625
-
2010
101
$712,500
-0.6%
2011
91
$636,755
-10.6%
2012
124
$588,600
-7.6%
2013
123
$556,200
-5.5%
2014
143
$707,020
27.1%
2015
128
$692,710
-2%
2016
161
$687,750
-0.7%
2017
189
$627,300
-8.8%
2018
165
$750,000
19.6%

Median property tax
Median sale price
Effective property tax rate
2009
$10,502.49
$716,625
1.5%
2010
$13,361.70
$712,500
1.9%
2011
$12,267.21
$636,755
1.9%
2012
$12,170.58
$588,600
2.1%
2013
$10,233.42
$556,200
1.8%
2014
$12,651.41
$707,020
1.8%
2015
$12,402.85
$692,710
1.8%
2016
$12,684.68
$687,750
1.8%
2017
$11,827.09
$627,300
1.9%

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