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Saturday, April 20, 2024

Q4 real estate sales report: Schaumburg

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Median prices rose in Schaumburg over last year, and are down 8.8 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 199 homes sold in Schaumburg for a median price of $192,000. That's 2.3 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 6 homes in Schaumburg were in foreclosure.

Median property tax for homeowners in Schaumburg was $3,771.72 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.

Schaumburg real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
232
$210,600
-
2010
125
$185,820
-11.8%
2011
155
$148,030
-20.3%
2012
292
$135,433
-8.5%
2013
332
$152,550
12.6%
2014
279
$165,360
8.4%
2015
287
$172,780
4.5%
2016
286
$180,600
4.5%
2017
319
$187,680
3.9%
2018
199
$192,000
2.3%

Median property tax
Median sale price
Effective property tax rate
2009
$4,556.89
$210,600
2.2%
2010
$4,231.16
$185,820
2.3%
2011
$3,891.48
$148,030
2.6%
2012
$3,999.88
$135,433
3%
2013
$4,153.97
$152,550
2.7%
2014
$4,186.74
$165,360
2.5%
2015
$4,136.61
$172,780
2.4%
2016
$3,873.60
$180,600
2.1%
2017
$3,771.72
$187,680
2%

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