Dupage Policy Journal

Dupage Policy Journal

Saturday, October 19, 2019

Q4 real estate sales report: Winfield

Real Estate

By Local Labs News Service | Mar 28, 2019


Median prices declined in Winfield over last year, and are down 16.8 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 Winfield for a median price of $308,000. That's 7.1 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 1 home in Winfield was in foreclosure.

Median property tax for homeowners in Winfield was $6,759.02 in 2017 according to tax data from that year. That means homeowners pay 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.

Winfield real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
20
$370,013
-
2010
19
$397,860
7.5%
2011
16
$292,670
-26.4%
2012
19
$267,050
-8.8%
2013
22
$292,140
9.4%
2014
30
$321,975
10.2%
2015
17
$278,250
-13.6%
2016
23
$267,750
-3.8%
2017
24
$331,500
23.8%
2018
27
$308,000
-7.1%

Median property tax
Median sale price
Effective property tax rate
2011
$6,561.44
$292,670
2.2%
2012
$6,683.48
$267,050
2.5%
2013
$5,060.61
$292,140
1.7%
2014
$5,820.22
$321,975
1.8%
2015
$5,931.92
$278,250
2.1%
2016
$6,409.97
$267,750
2.4%
2017
$6,759.01
$331,500
2%

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