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Monday, November 25, 2024

Q3 real estate sales report: Wilmette

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Median prices rose in Wilmette over last year, and are down 4.3 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 125 homes sold in Wilmette for a median price of $650,000. That's 5.8 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 5 homes in Wilmette were in foreclosure.

Median property tax for homeowners in Wilmette was $12,382.56 in 2017 according to tax data from that year. That means homeowners pay 2 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.

Wilmette real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
109
$679,185
-
2010
122
$741,000
9.1%
2011
134
$688,170
-7.1%
2012
161
$659,450
-4.2%
2013
194
$648,000
-1.7%
2014
156
$723,450
11.6%
2015
180
$670,980
-7.3%
2016
163
$719,250
7.2%
2017
150
$614,550
-14.6%
2018
125
$650,000
5.8%

Median property tax
Median sale price
Effective property tax rate
2009
$12,425.16
$679,185
1.8%
2010
$13,037.53
$741,000
1.8%
2011
$12,647.79
$688,170
1.8%
2012
$12,221.11
$659,450
1.9%
2013
$11,611.80
$648,000
1.8%
2014
$12,910.29
$723,450
1.8%
2015
$12,656.08
$670,980
1.9%
2016
$13,724.22
$719,250
1.9%
2017
$12,382.55
$614,550
2%

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