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Dupage Policy Journal

Tuesday, April 16, 2024

Q1 real estate sales report: Darien

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Median prices declined in Darien over last year, and are down 86.3 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 4 homes sold in Darien for a median price of $40,125. That's 84.7 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Darien.

Median property tax for homeowners in Darien was $5,624.74 in 2017 according to tax data from that year. That means homeowners pay 2.1 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.

Darien real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
23
$292,500
-
2010
37
$266,760
-8.8%
2011
32
$233,063
-12.6%
2012
39
$207,100
-11.1%
2013
51
$219,240
5.9%
2014
58
$248,305
13.3%
2015
41
$243,800
-1.8%
2016
80
$299,250
22.7%
2017
82
$262,650
-12.2%
2018
4
$40,125
-84.7%

Median property tax
Median sale price
Effective property tax rate
2011
$5,910.98
$233,063
2.5%
2012
$5,082.73
$207,100
2.5%
2013
$4,881.49
$219,240
2.2%
2014
$5,282
$248,305
2.1%
2015
$5,293.76
$243,800
2.2%
2016
$6,082.73
$299,250
2%
2017
$5,624.73
$262,650
2.1%

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