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Dupage Policy Journal

Thursday, April 25, 2024

Q1 real estate sales report: Glen Ellyn

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Median prices declined in Glen Ellyn over last year, and are down 59.4 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 3 homes sold in Glen Ellyn for a median price of $140,000. That's 57.8 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, 2 homes in Glen Ellyn were in foreclosure.

Median property tax for homeowners in Glen Ellyn was $8,106.43 in 2017 according to tax data from that year. That means homeowners pay 2.4 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Glen Ellyn real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
29
$345,150
-
2010
55
$321,480
-6.9%
2011
56
$298,603
-7.1%
2012
57
$271,410
-9.1%
2013
82
$321,300
18.4%
2014
62
$336,550
4.7%
2015
67
$312,700
-7.1%
2016
94
$433,125
38.5%
2017
79
$331,500
-23.5%
2018
3
$140,000
-57.8%

Median property tax
Median sale price
Effective property tax rate
2011
$7,308.90
$298,603
2.4%
2012
$7,852.99
$271,410
2.9%
2013
$8,506.05
$321,300
2.6%
2014
$8,291.70
$336,550
2.5%
2015
$7,949.04
$312,700
2.5%
2016
$10,514.36
$433,125
2.4%
2017
$8,106.42
$331,500
2.4%

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