Dupage Policy Journal

Dupage Policy Journal

Tuesday, November 12, 2019

Q4 real estate sales report: Itasca

Real Estate

By Local Labs News Service | Mar 23, 2019

Re 3

Median prices declined in Itasca over last year, and are up 0.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 27 homes sold in Itasca for a median price of $270,000. That's 4.4 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Itasca.

Median property tax for homeowners in Itasca was $6,322.36 in 2017 according to tax data from that year. That means homeowners pay 2.2 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.

Itasca real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
30
$269,100
-
2010
18
$295,619
9.9%
2011
23
$251,425
-14.9%
2012
36
$302,203
20.2%
2013
31
$221,400
-26.7%
2014
19
$293,620
32.6%
2015
35
$252,810
-13.9%
2016
33
$257,250
1.8%
2017
16
$282,540
9.8%
2018
27
$270,000
-4.4%

Median property tax
Median sale price
Effective property tax rate
2011
$6,370.51
$251,425
2.5%
2012
$6,335.95
$302,203
2.1%
2013
$4,761.50
$221,400
2.2%
2014
$5,803.45
$293,620
2%
2015
$5,521.15
$252,810
2.2%
2016
$5,688.06
$257,250
2.2%
2017
$6,322.35
$282,540
2.2%

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