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Tuesday, April 23, 2024

Q4 real estate sales report: Arlington Heights

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Median prices rose in Arlington Heights over last year, and are down 10.5 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 181 homes sold in Arlington Heights for a median price of $290,000. That's 4.3 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 7 homes in Arlington Heights were in foreclosure.

Median property tax for homeowners in Arlington Heights was $6,443.87 in 2017 according to tax data from that year. That means homeowners pay 2.3 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.

Arlington Heights real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
241
$324,090
-
2010
152
$297,255
-8.3%
2011
182
$239,278
-19.5%
2012
291
$227,265
-5%
2013
352
$288,900
27.1%
2014
270
$286,465
-0.8%
2015
291
$290,970
1.6%
2016
314
$313,950
7.9%
2017
322
$277,950
-11.5%
2018
181
$290,000
4.3%

Median property tax
Median sale price
Effective property tax rate
2009
$6,954.77
$324,090
2.1%
2010
$6,892.26
$297,255
2.3%
2011
$6,138.93
$239,278
2.6%
2012
$6,505.23
$227,265
2.9%
2013
$6,697.70
$288,900
2.3%
2014
$6,472.54
$286,465
2.3%
2015
$6,591.40
$290,970
2.3%
2016
$6,986.93
$313,950
2.2%
2017
$6,443.86
$277,950
2.3%

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