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Thursday, April 25, 2024

Q4 real estate sales report: Evanston

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Median prices declined in Evanston over last year, and are up 11.8 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 115 homes sold in Evanston for a median price of $325,000. That's 7.6 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 2 homes in Evanston were in foreclosure.

Median property tax for homeowners in Evanston was $7,041.99 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.

Evanston real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
180
$290,745
-
2010
174
$338,580
16.5%
2011
144
$299,450
-11.6%
2012
177
$268,685
-10.3%
2013
272
$324,000
20.6%
2014
258
$330,720
2.1%
2015
281
$328,600
-0.6%
2016
213
$330,750
0.7%
2017
209
$351,900
6.4%
2018
115
$325,000
-7.6%

Median property tax
Median sale price
Effective property tax rate
2009
$6,854.69
$290,745
2.4%
2010
$7,408.35
$338,580
2.2%
2011
$6,971.64
$299,450
2.3%
2012
$6,671.18
$268,685
2.5%
2013
$6,292.78
$324,000
1.9%
2014
$7,020.63
$330,720
2.1%
2015
$6,476.85
$328,600
2%
2016
$7,554.89
$330,750
2.3%
2017
$7,041.98
$351,900
2%

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