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Dupage Policy Journal

Friday, April 19, 2024

Q4 real estate sales report: Villa Park

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Median prices rose in Villa Park over last year, and are down 1.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 82 homes sold in Villa Park for a median price of $247,000. That's 2.6 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 5 homes in Villa Park were in foreclosure.

Median property tax for homeowners in Villa Park was $5,290.35 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.

Villa Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
55
$250,380
-
2010
36
$225,150
-10.1%
2011
39
$163,850
-27.2%
2012
60
$179,850
9.8%
2013
63
$174,960
-2.7%
2014
65
$217,300
24.2%
2015
62
$217,300
0%
2016
70
$220,500
1.5%
2017
63
$240,720
9.2%
2018
82
$247,000
2.6%

Median property tax
Median sale price
Effective property tax rate
2011
$5,498.21
$163,850
3.4%
2012
$5,300.68
$179,850
2.9%
2013
$5,033.77
$174,960
2.9%
2014
$5,231.48
$217,300
2.4%
2015
$4,796.65
$217,300
2.2%
2016
$4,961.32
$220,500
2.3%
2017
$5,290.35
$240,720
2.2%

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