Quantcast

South Cook News

Friday, April 19, 2024

Q1 real estate sales report: Harvey

Re 7

Median prices rose in Harvey over last year, and are up 88.7 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 44 homes sold in Harvey for a median price of $26,500. That's 1.9 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, 20 homes in Harvey were in foreclosure.

Median property tax for homeowners in Harvey was $2,873.70 in 2016 according to tax data from that year. That means homeowners pay 9.8 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Harvey real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
63
$14,040
-
2010
71
$17,100
21.8%
2011
31
$16,385
-4.2%
2012
44
$16,350
-0.2%
2013
43
$17,280
5.7%
2014
30
$16,960
-1.9%
2015
29
$16,960
0%
2016
45
$29,400
73.3%
2017
34
$26,010
-11.5%
2018
44
$26,500
1.9%

Median property tax
Median sale price
Effective property tax rate
2009
$3,619.16
$14,040
25.8%
2010
$3,546.98
$17,100
20.7%
2011
$3,649.40
$16,385
22.3%
2012
$4,070.19
$16,350
24.9%
2013
$3,310.80
$17,280
19.2%
2014
$3,119.59
$16,960
18.4%
2015
$3,280.90
$16,960
19.3%
2016
$2,873.70
$29,400
9.8%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS