Quantcast

South Cook News

Saturday, April 20, 2024

Q2 real estate sales report: Ford Heights

Re 8

Median prices rose in Ford Heights over last year, and are up 406.5 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 3 homes sold in Ford Heights for a median price of $40,000. That's 406 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 3 homes in Ford Heights were in foreclosure.

Median property tax for homeowners in Ford Heights was $2,668 in 2017 according to tax data from that year. That means homeowners pay 33.8 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.

Ford Heights real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
4
$7,898
-
2010
2
$13,965
76.8%
2011
3
$10,170
-27.2%
2012
1
$7,085
-30.3%
2013
2
$5,400
-23.8%
2014
2
$7,420
37.4%
2016
5
$10,500
41.5%
2017
2
$7,905
-24.7%
2018
3
$40,000
406%

Median property tax
Median sale price
Effective property tax rate
2009
$2,462.02
$7,898
31.2%
2010
$2,211.75
$13,965
15.8%
2011
$730.21
$10,170
7.2%
2012
$3,100.59
$7,085
43.8%
2013
$283.45
$5,400
5.2%
2014
$307.72
$7,420
4.1%
2016
$2,889.51
$10,500
27.5%
2017
$2,668
$7,905
33.8%

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