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Dupage Policy Journal

Tuesday, April 16, 2024

Q2 real estate sales report: Villa Park

Realestate077

Median prices rose in Villa Park over last year, and are up 17.8 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 74 homes sold in Villa Park for a median price of $248,000. That's 8.1 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 2 homes in Villa Park were in foreclosure.

Median property tax for homeowners in Villa Park was $5,316.04 in 2017 according to tax data from that year. That means homeowners pay 2.3 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.

Villa Park real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
37
$210,600
-
2010
54
$234,555
11.4%
2011
39
$186,450
-20.5%
2012
48
$159,140
-14.6%
2013
83
$183,600
15.4%
2014
71
$217,300
18.4%
2015
73
$227,900
4.9%
2016
90
$236,250
3.7%
2017
96
$229,500
-2.9%
2018
74
$248,000
8.1%

Median property tax
Median sale price
Effective property tax rate
2011
$4,983.11
$186,450
2.7%
2012
$5,219.47
$159,140
3.3%
2013
$5,062.28
$183,600
2.8%
2014
$5,651.81
$217,300
2.6%
2015
$5,612.89
$227,900
2.5%
2016
$5,326.99
$236,250
2.3%
2017
$5,316.03
$229,500
2.3%

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