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Friday, April 19, 2024

Q4 real estate sales report: Winnetka

Realestate3

Median prices declined in Winnetka over last year, and are down 28.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 33 homes sold in Winnetka for a median price of $960,000. That's 4.7 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Winnetka.

Median property tax for homeowners in Winnetka was $21,015.27 in 2017 according to tax data from that year. That means homeowners pay 2.1 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.

Winnetka real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
41
$1,339,650
-
2010
49
$1,026,000
-23.4%
2011
59
$937,900
-8.6%
2012
39
$711,225
-24.2%
2013
62
$1,085,670
52.6%
2014
69
$1,123,600
3.5%
2015
62
$916,900
-18.4%
2016
47
$931,875
1.6%
2017
40
$1,007,250
8.1%
2018
33
$960,000
-4.7%

Median property tax
Median sale price
Effective property tax rate
2009
$20,517.72
$1,339,650
1.5%
2010
$18,843.59
$1,026,000
1.8%
2011
$18,524.66
$937,900
2%
2012
$16,847.86
$711,225
2.4%
2013
$18,686.14
$1,085,670
1.7%
2014
$19,615.88
$1,123,600
1.7%
2015
$19,983.99
$916,900
2.2%
2016
$20,371.26
$931,875
2.2%
2017
$21,015.26
$1,007,250
2.1%

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