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Wednesday, April 24, 2024

Q3 real estate sales report: Elk Grove Village

Realestate5

Median prices declined in Elk Grove Village over last year, and are down 4.5 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 146 homes sold in Elk Grove Village for a median price of $243,250. That's 4.6 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 5 homes in Elk Grove Village were in foreclosure.

Median property tax for homeowners in Elk Grove Village was $6,078.92 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.

Elk Grove Village real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
80
$254,768
-
2010
79
$216,600
-15%
2011
76
$186,450
-13.9%
2012
103
$207,100
11.1%
2013
138
$232,200
12.1%
2014
136
$221,540
-4.6%
2015
196
$243,800
10%
2016
198
$238,350
-2.2%
2017
177
$255,000
7%
2018
146
$243,250
-4.6%

Median property tax
Median sale price
Effective property tax rate
2009
$4,950.22
$254,768
1.9%
2010
$5,397.03
$216,600
2.5%
2011
$5,152.45
$186,450
2.8%
2012
$5,648.97
$207,100
2.7%
2013
$5,328.98
$232,200
2.3%
2014
$5,305.69
$221,540
2.4%
2015
$5,570.54
$243,800
2.3%
2016
$5,450.66
$238,350
2.3%
2017
$6,078.92
$255,000
2.4%

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