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Wednesday, April 17, 2024

Q4 real estate sales report: Wilmette

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Median prices rose in Wilmette over last year, and are down 12.9 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 48 homes sold in Wilmette for a median price of $570,000. That's 1.9 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Wilmette was $11,109.37 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
89
$654,615
-
2010
56
$541,500
-17.3%
2011
61
$457,085
-15.6%
2012
80
$585,330
28.1%
2013
112
$577,800
-1.3%
2014
104
$628,580
8.8%
2015
103
$689,000
9.6%
2016
101
$561,750
-18.5%
2017
86
$559,470
-0.4%
2018
48
$570,000
1.9%

Median property tax
Median sale price
Effective property tax rate
2009
$11,139.05
$654,615
1.7%
2010
$10,408.48
$541,500
1.9%
2011
$10,142.85
$457,085
2.2%
2012
$11,352.54
$585,330
1.9%
2013
$9,757.11
$577,800
1.7%
2014
$11,901.11
$628,580
1.9%
2015
$13,278.28
$689,000
1.9%
2016
$10,671.89
$561,750
1.9%
2017
$11,109.36
$559,470
2%

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