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Friday, April 19, 2024

Q2 real estate sales report: Glencoe

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Median prices rose in Glencoe over last year, and are down 3.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 52 homes sold in Glencoe for a median price of $843,250. That's 3.3 percent higher than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Glencoe was $18,552.64 in 2017 according to tax data from that year. That means homeowners pay 2.3 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.

Glencoe real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
26
$877,500
-
2010
26
$758,100
-13.6%
2011
43
$864,450
14%
2012
37
$882,900
2.1%
2013
53
$793,800
-10.1%
2014
40
$831,040
4.7%
2015
28
$1,105,050
33%
2016
52
$1,147,125
3.8%
2017
54
$816,000
-28.9%
2018
52
$843,250
3.3%

Median property tax
Median sale price
Effective property tax rate
2009
$17,281.26
$877,500
2%
2010
$14,873.39
$758,100
2%
2011
$17,578.28
$864,450
2%
2012
$15,817.52
$882,900
1.8%
2013
$16,793.14
$793,800
2.1%
2014
$17,617.36
$831,040
2.1%
2015
$17,300.90
$1,105,050
1.6%
2016
$20,627.52
$1,147,125
1.8%
2017
$18,552.63
$816,000
2.3%

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