Dupage Policy Journal

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Monday, November 11, 2019

Q4 real estate sales report: Wheaton

Real Estate

By Local Labs News Service | Apr 1, 2019

Realestate4

Median prices rose in Wheaton over last year, and are down 6.7 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 196 homes sold in Wheaton for a median price of $297,500. That's 2 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 2 homes in Wheaton were in foreclosure.

Median property tax for homeowners in Wheaton was $7,100.04 in 2017 according to tax data from that year. That means homeowners pay 2.4 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.

Wheaton real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
137
$318,825
-
2010
89
$339,150
6.4%
2011
119
$267,245
-21.2%
2012
152
$302,475
13.2%
2013
160
$305,640
1%
2014
182
$275,600
-9.8%
2015
188
$281,960
2.3%
2016
177
$288,750
2.4%
2017
151
$291,720
1%
2018
196
$297,500
2%

Median property tax
Median sale price
Effective property tax rate
2011
$6,855.34
$267,245
2.6%
2012
$6,711.32
$302,475
2.2%
2013
$6,960.23
$305,640
2.3%
2014
$6,293.26
$275,600
2.3%
2015
$6,302.44
$281,960
2.2%
2016
$6,431.60
$288,750
2.2%
2017
$7,100.03
$291,720
2.4%

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