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Sunday, February 16, 2020

Q3 real estate sales report: Rolling Meadows

Real Estate

By Local Labs News Service | Feb 9, 2019

Re 5

Median prices declined in Rolling Meadows 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, 116 homes sold in Rolling Meadows for a median price of $223,500. That's 1.7 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 4 homes in Rolling Meadows were in foreclosure.

Median property tax for homeowners in Rolling Meadows was $6,014.10 in 2017 according to tax data from that year. That means homeowners pay 2.6 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.

Rolling Meadows real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
69
$234,000
-
2010
55
$210,900
-9.9%
2011
46
$162,155
-23.1%
2012
94
$177,670
9.6%
2013
144
$191,430
7.7%
2014
88
$192,920
0.8%
2015
138
$222,600
15.4%
2016
134
$210,000
-5.7%
2017
127
$227,460
8.3%
2018
116
$223,500
-1.7%

Median property tax
Median sale price
Effective property tax rate
2009
$5,627.99
$234,000
2.4%
2010
$5,238.53
$210,900
2.5%
2011
$5,178.83
$162,155
3.2%
2012
$5,591.03
$177,670
3.1%
2013
$5,270.52
$191,430
2.8%
2014
$5,190.54
$192,920
2.7%
2015
$5,236.37
$222,600
2.4%
2016
$5,913.52
$210,000
2.8%
2017
$6,014.10
$227,460
2.6%

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