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Dupage Policy Journal

Thursday, April 18, 2024

Q1 real estate sales report: Bloomingdale

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Median prices declined in Bloomingdale over last year, and are down 69.6 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 2 homes sold in Bloomingdale for a median price of $74,573. That's 71.2 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, 2 homes in Bloomingdale were in foreclosure.

Median property tax for homeowners in Bloomingdale was $6,277.97 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.

Bloomingdale real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
37
$245,700
-
2010
31
$176,700
-28.1%
2011
43
$240,690
36.2%
2012
53
$200,560
-16.7%
2013
49
$205,200
2.3%
2014
66
$241,680
17.8%
2015
63
$257,580
6.6%
2016
71
$241,500
-6.2%
2017
86
$259,080
7.3%
2018
2
$74,573
-71.2%

Median property tax
Median sale price
Effective property tax rate
2011
$6,976.59
$240,690
2.9%
2012
$5,967.11
$200,560
3%
2013
$6,036.31
$205,200
2.9%
2014
$6,185.73
$241,680
2.6%
2015
$6,711.07
$257,580
2.6%
2016
$6,281.81
$241,500
2.6%
2017
$6,277.96
$259,080
2.4%

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