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Saturday, April 20, 2024

Q2 real estate sales report: Schaumburg

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Median prices declined in Schaumburg over last year, and are down 13.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 401 homes sold in Schaumburg for a median price of $196,500. That's 2.7 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, 18 homes in Schaumburg were in foreclosure.

Median property tax for homeowners in Schaumburg was $4,632.34 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.

Schaumburg real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
171
$228,150
-
2010
210
$209,760
-8.1%
2011
186
$181,930
-13.3%
2012
241
$158,050
-13.1%
2013
300
$140,400
-11.2%
2014
288
$174,900
24.6%
2015
329
$201,400
15.2%
2016
377
$211,575
5.1%
2017
447
$201,960
-4.5%
2018
401
$196,500
-2.7%

Median property tax
Median sale price
Effective property tax rate
2009
$5,126.96
$228,150
2.2%
2010
$4,702.34
$209,760
2.2%
2011
$4,928.61
$181,930
2.7%
2012
$4,485.89
$158,050
2.8%
2013
$3,662.84
$140,400
2.6%
2014
$4,622.06
$174,900
2.6%
2015
$4,852.80
$201,400
2.4%
2016
$4,815.77
$211,575
2.3%
2017
$4,632.34
$201,960
2.3%

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