From April to June, 42 homes sold in Burr Ridge for a median price of $502,250. That's 10.9 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Burr Ridge.
Median property tax for homeowners in Burr Ridge was $9,370.69 in 2017 according to tax data from that year. That means homeowners pay 1.7 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.
Burr Ridge real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
22
$700,538
-
2010
33
$461,700
-34.1%
2011
33
$644,100
39.5%
2012
46
$479,600
-25.5%
2013
78
$516,780
7.8%
2014
62
$597,045
15.5%
2015
56
$490,250
-17.9%
2016
64
$528,675
7.8%
2017
64
$563,550
6.6%
2018
42
$502,250
-10.9%
Median property tax
Median sale price
Effective property tax rate
2009
$3,015.71
$700,538
0.4%
2010
$7,554.93
$461,700
1.6%
2011
$9,545.20
$644,100
1.5%
2012
$8,724.07
$479,600
1.8%
2013
$8,731.89
$516,780
1.7%
2014
$10,372.65
$597,045
1.7%
2015
$8,776.77
$490,250
1.8%
2016
$8,365.52
$528,675
1.6%
2017
$9,370.69
$563,550
1.7%