From January to March, 17 homes sold in Burr Ridge for a median price of $450,000. That's 18.3 percent lower than median home sale prices for the first quarter of 2017.
In the first quarter, 1 home in Burr Ridge was in foreclosure.
Median property tax for homeowners in Burr Ridge was $10,450.40 in 2017 according to tax data from that year. That means homeowners pay 1.9 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.
Burr Ridge real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
22
$649,058
-
2010
31
$706,800
8.9%
2011
29
$655,400
-7.3%
2012
36
$470,608
-28.2%
2013
51
$579,960
23.2%
2014
29
$583,000
0.5%
2015
44
$749,950
28.6%
2016
41
$561,750
-25.1%
2017
33
$550,800
-1.9%
2018
17
$450,000
-18.3%
Median property tax
Median sale price
Effective property tax rate
2009
$10,377.90
$649,058
1.6%
2010
$9,374.57
$706,800
1.3%
2011
$12,173.44
$655,400
1.9%
2012
$8,317.64
$470,608
1.8%
2013
$10,022.03
$579,960
1.7%
2014
$8,474.17
$583,000
1.5%
2015
$13,520.67
$749,950
1.8%
2016
$9,352.87
$561,750
1.7%
2017
$10,450.39
$550,800
1.9%
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