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Sunday, February 23, 2020

Q4 real estate sales report: Lincolnwood

Real Estate

By Local Labs News Service | Apr 20, 2019

Realestate5

Median prices rose in Lincolnwood over last year, and are up 8.6 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 28 homes sold in Lincolnwood for a median price of $393,750. That's 4.9 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 1 home in Lincolnwood was in foreclosure.

Median property tax for homeowners in Lincolnwood was $7,919.01 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.

Lincolnwood real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
40
$362,700
-
2010
37
$364,800
0.6%
2011
23
$254,250
-30.3%
2012
33
$283,400
11.5%
2013
55
$346,680
22.3%
2014
55
$344,500
-0.6%
2015
43
$391,140
13.5%
2016
42
$407,138
4.1%
2017
44
$375,360
-7.8%
2018
28
$393,750
4.9%

Median property tax
Median sale price
Effective property tax rate
2009
$8,837.30
$362,700
2.4%
2010
$8,531.30
$364,800
2.3%
2011
$7,620.60
$254,250
3%
2012
$7,452.13
$283,400
2.6%
2013
$8,535.76
$346,680
2.5%
2014
$6,365.31
$344,500
1.8%
2015
$6,969.42
$391,140
1.8%
2016
$9,033.34
$407,138
2.2%
2017
$7,919.01
$375,360
2.1%

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