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Friday, November 15, 2024

Q2 real estate sales report: Des Plaines

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Median prices rose in Des Plaines over last year, and are up 4.4 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 336 homes sold in Des Plaines for a median price of $226,000. That's 5.5 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 13 homes in Des Plaines were in foreclosure.

Median property tax for homeowners in Des Plaines was $5,141.32 in 2017 according to tax data from that year. That means homeowners pay 2.4 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.

Des Plaines real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
162
$216,450
-
2010
250
$204,630
-5.5%
2011
196
$165,545
-19.1%
2012
251
$141,700
-14.4%
2013
306
$151,200
6.7%
2014
321
$177,020
17.1%
2015
281
$190,800
7.8%
2016
310
$213,675
12%
2017
357
$214,200
0.2%
2018
336
$226,000
5.5%

Median property tax
Median sale price
Effective property tax rate
2009
$4,683.24
$216,450
2.2%
2010
$4,613.72
$204,630
2.3%
2011
$5,309.07
$165,545
3.2%
2012
$4,584.68
$141,700
3.2%
2013
$4,379.08
$151,200
2.9%
2014
$4,618.36
$177,020
2.6%
2015
$4,795.56
$190,800
2.5%
2016
$4,860.37
$213,675
2.3%
2017
$5,141.32
$214,200
2.4%

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