From October to December, 83 homes sold in Elk Grove Village for a median price of $227,000. That's 2.7 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 5 homes in Elk Grove Village were in foreclosure.
Median property tax for homeowners in Elk Grove Village was $5,439.71 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.
Elk Grove Village real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
80
$261,495
-
2010
50
$198,360
-24.1%
2011
73
$192,100
-3.2%
2012
102
$185,845
-3.3%
2013
125
$216,000
16.2%
2014
107
$221,540
2.6%
2015
119
$233,730
5.5%
2016
128
$243,075
4%
2017
122
$233,325
-4%
2018
83
$227,000
-2.7%
Median property tax
Median sale price
Effective property tax rate
2009
$5,116.80
$261,495
2%
2010
$4,591.32
$198,360
2.3%
2011
$5,207.33
$192,100
2.7%
2012
$5,743.10
$185,845
3.1%
2013
$5,544.65
$216,000
2.6%
2014
$5,310.92
$221,540
2.4%
2015
$5,197.02
$233,730
2.2%
2016
$5,626.16
$243,075
2.3%
2017
$5,439.70
$233,325
2.3%
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