From April to June, 102 homes sold in Burbank for a median price of $183,500. That's 0.1 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, 8 homes in Burbank were in foreclosure.
Median property tax for homeowners in Burbank was $4,998.43 in 2017 according to tax data from that year. That means homeowners pay 2.7 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.
Burbank real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
52
$171,990
-
2010
75
$202,920
18%
2011
58
$147,465
-27.3%
2012
53
$125,350
-15%
2013
74
$127,710
1.9%
2014
67
$145,750
14.1%
2015
83
$168,010
15.3%
2016
89
$183,750
9.4%
2017
112
$183,600
-0.1%
2018
102
$183,500
-0.1%
Median property tax
Median sale price
Effective property tax rate
2009
$5,200.77
$171,990
3%
2010
$5,191.87
$202,920
2.6%
2011
$4,467.11
$147,465
3%
2012
$4,454.65
$125,350
3.6%
2013
$4,043.19
$127,710
3.2%
2014
$3,973.19
$145,750
2.7%
2015
$4,649.98
$168,010
2.8%
2016
$4,682.71
$183,750
2.5%
2017
$4,998.42
$183,600
2.7%
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