Q3 real estate sales report: Palatine
From July to September, 412 homes sold in Palatine for a median price of $215,000. That's 18.9 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, 11 homes in Palatine were in foreclosure.
Median property tax for homeowners in Palatine was $6,528.13 in 2017 according to tax data from that year. That means homeowners pay 2.5 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.