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Dupage Policy Journal

Tuesday, November 19, 2024

Q4 real estate sales report: Elmhurst

Realestate2

Median prices rose in Elmhurst over last year, and are down 8.5 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 188 homes sold in Elmhurst for a median price of $358,750. That's 0.5 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 5 homes in Elmhurst were in foreclosure.

Median property tax for homeowners in Elmhurst was $6,839.16 in 2017 according to tax data from that year. That means homeowners pay 1.9 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.

Elmhurst real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
147
$391,950
-
2010
109
$381,900
-2.6%
2011
111
$352,560
-7.7%
2012
128
$297,025
-15.8%
2013
171
$345,600
16.4%
2014
175
$378,950
9.6%
2015
179
$408,100
7.7%
2016
174
$358,050
-12.3%
2017
132
$357,000
-0.3%
2018
188
$358,750
0.5%

Median property tax
Median sale price
Effective property tax rate
2011
$7,336
$352,560
2.1%
2012
$6,386.99
$297,025
2.2%
2013
$6,913.51
$345,600
2%
2014
$7,371.43
$378,950
1.9%
2015
$7,315.46
$408,100
1.8%
2016
$7,159.45
$358,050
2%
2017
$6,839.16
$357,000
1.9%

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