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Dupage Policy Journal

Tuesday, April 16, 2024

Q1 real estate sales report: Willowbrook

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Median prices rose in Willowbrook over last year, and are up 9.7 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 5 homes sold in Willowbrook for a median price of $263,000. That's 51.7 percent higher than median home sale prices for the first quarter of 2017.

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

Median property tax for homeowners in Willowbrook was $1,772.62 in 2017 according to tax data from that year. That means homeowners pay 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.

Willowbrook real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
27
$239,850
-
2010
28
$238,659
-0.5%
2011
25
$157,070
-34.2%
2012
32
$133,525
-15%
2013
26
$149,040
11.6%
2014
27
$197,405
32.5%
2015
27
$164,300
-16.8%
2016
44
$193,148
17.6%
2017
45
$173,400
-10.2%
2018
5
$263,000
51.7%

Median property tax
Median sale price
Effective property tax rate
2010
$8,475.40
$238,659
3.6%
2011
$3,534.12
$157,070
2.3%
2012
$2,681.12
$133,525
2%
2013
$3,181.44
$149,040
2.1%
2014
$4,252.23
$197,405
2.2%
2015
$5,636.06
$164,300
3.4%
2016
$3,164.56
$193,148
1.6%
2017
$1,772.61
$173,400
1%

Editor's note: This story has been updated to include real estate data for Willowbrook spanning multiple counties.

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