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Thursday, April 25, 2024

Q2 real estate sales report: Northbrook

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Median prices declined in Northbrook 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, 170 homes sold in Northbrook for a median price of $450,000. That's 2.4 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Northbrook was $9,804.01 in 2017 according to tax data from that year. That means homeowners pay 2.1 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.

Northbrook real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
89
$491,400
-
2010
129
$473,100
-3.7%
2011
113
$454,260
-4%
2012
132
$419,378
-7.7%
2013
155
$434,700
3.7%
2014
153
$442,020
1.7%
2015
165
$477,000
7.9%
2016
183
$477,750
0.2%
2017
217
$461,040
-3.5%
2018
170
$450,000
-2.4%

Median property tax
Median sale price
Effective property tax rate
2009
$9,782.70
$491,400
2%
2010
$8,564.46
$473,100
1.8%
2011
$8,975.03
$454,260
2%
2012
$8,423.40
$419,378
2%
2013
$9,267.67
$434,700
2.1%
2014
$8,354.82
$442,020
1.9%
2015
$8,800.43
$477,000
1.8%
2016
$9,374.96
$477,750
2%
2017
$9,804
$461,040
2.1%

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