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Saturday, April 20, 2024

Q2 real estate sales report: Northfield

Realestate5

Median prices rose in Northfield over last year, and are down 23.1 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 32 homes sold in Northfield for a median price of $483,750. That's 0.5 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 1 home in Northfield was in foreclosure.

Median property tax for homeowners in Northfield was $8,619.49 in 2017 according to tax data from that year. That means homeowners pay 1.8 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.

Northfield real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
12
$628,875
-
2010
23
$598,500
-4.8%
2011
13
$700,600
17.1%
2012
31
$463,250
-33.9%
2013
26
$531,360
14.7%
2014
38
$541,130
1.8%
2015
39
$641,300
18.5%
2016
40
$580,125
-9.5%
2017
27
$481,440
-17%
2018
32
$483,750
0.5%

Median property tax
Median sale price
Effective property tax rate
2009
$15,091.47
$628,875
2.4%
2010
$9,377.32
$598,500
1.6%
2011
$16,136.03
$700,600
2.3%
2012
$9,699.76
$463,250
2.1%
2013
$8,482.26
$531,360
1.6%
2014
$8,935.24
$541,130
1.7%
2015
$11,471.23
$641,300
1.8%
2016
$9,918.73
$580,125
1.7%
2017
$8,619.48
$481,440
1.8%

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