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Saturday, April 20, 2024

Q3 real estate sales report: Oakwood Hills

Realestate5

Median prices declined in Oakwood Hills over last year, and are up 12.3 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 14 homes sold in Oakwood Hills for a median price of $230,000. That's 6.4 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Oakwood Hills.

Median property tax for homeowners in Oakwood Hills was $6,648.38 in 2017 according to tax data from that year. That means homeowners pay 2.7 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.

Oakwood Hills real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
11
$204,750
-
2010
7
$199,500
-2.6%
2011
5
$114,130
-42.8%
2012
5
$205,465
80%
2013
8
$149,310
-27.3%
2014
13
$201,930
35.2%
2015
12
$213,325
5.6%
2016
10
$216,300
1.4%
2017
5
$245,820
13.6%
2018
14
$230,000
-6.4%

Median property tax
Median sale price
Effective property tax rate
2010
$6,270.70
$199,500
3.1%
2011
$4,323.26
$114,130
3.8%
2012
$6,634.28
$205,465
3.2%
2013
$6,027.29
$149,310
4%
2014
$6,232.48
$201,930
3.1%
2015
$5,979.18
$213,325
2.8%
2016
$6,874.58
$216,300
3.2%
2017
$6,648.38
$245,820
2.7%

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