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Dupage Policy Journal

Friday, April 19, 2024

Q4 real estate sales report: Wayne

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Median prices rose in Wayne over last year, and are down 16.4 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 14 homes sold in Wayne for a median price of $450,000. That's 26.1 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Wayne was $11,761.38 in 2017 according to tax data from that year. That means homeowners pay 3.3 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.

Wayne real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
7
$538,200
-
2010
1
$400,140
-25.7%
2011
8
$556,525
39.1%
2012
9
$397,850
-28.5%
2013
11
$459,000
15.4%
2014
11
$378,420
-17.6%
2015
4
$426,650
12.7%
2016
8
$673,313
57.8%
2017
13
$357,000
-47%
2018
14
$450,000
26.1%

Median property tax
Median sale price
Effective property tax rate
2009
$43,006.15
$538,200
8%
2011
$16,277.62
$556,525
2.9%
2012
$11,202.12
$397,850
2.8%
2013
$21,503.03
$459,000
4.7%
2014
$14,164.63
$378,420
3.7%
2015
$14,231.88
$426,650
3.3%
2016
$19,763.88
$673,313
2.9%
2017
$11,761.37
$357,000
3.3%

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