From January to March, 41 homes sold in Blue Island for a median price of $95,000. That's 9.3 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 10 homes in Blue Island were in foreclosure.
Median property tax for homeowners in Blue Island was $4,487.06 in 2016 according to tax data from that year. That means homeowners pay 6.6 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.
Blue Island real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
24
$80,730
-
2010
26
$109,440
35.6%
2011
41
$53,675
-51%
2012
41
$53,410
-0.5%
2013
41
$48,600
-9%
2014
33
$79,500
63.6%
2015
40
$71,550
-10%
2016
47
$68,250
-4.6%
2017
56
$86,955
27.4%
2018
41
$95,000
9.3%
Median property tax
Median sale price
Effective property tax rate
2009
$4,959.02
$80,730
6.1%
2010
$5,756.07
$109,440
5.3%
2011
$4,032.23
$53,675
7.5%
2012
$3,831.54
$53,410
7.2%
2013
$4,078.95
$48,600
8.4%
2014
$3,769.21
$79,500
4.7%
2015
$4,650.36
$71,550
6.5%
2016
$4,487.05
$68,250
6.6%
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