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Wednesday, November 27, 2024

Q2 real estate sales report: Hazel Crest

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Median prices rose in Hazel Crest over last year, and are up 37.1 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 61 homes sold in Hazel Crest for a median price of $83,000. That's 5.7 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 21 homes in Hazel Crest were in foreclosure.

Median property tax for homeowners in Hazel Crest was $5,363.85 in 2017 according to tax data from that year. That means homeowners pay 6.8 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.

Hazel Crest real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
38
$60,548
-
2010
38
$70,680
16.7%
2011
36
$53,675
-24.1%
2012
46
$47,415
-11.7%
2013
59
$50,220
5.9%
2014
43
$63,600
26.6%
2015
41
$74,200
16.7%
2016
53
$56,700
-23.6%
2017
71
$78,540
38.5%
2018
61
$83,000
5.7%

Median property tax
Median sale price
Effective property tax rate
2009
$5,198.40
$60,548
8.6%
2010
$4,943.29
$70,680
7%
2011
$4,400.35
$53,675
8.2%
2012
$4,542.65
$47,415
9.6%
2013
$4,124.04
$50,220
8.2%
2014
$4,132.67
$63,600
6.5%
2015
$4,304.38
$74,200
5.8%
2016
$4,089.79
$56,700
7.2%
2017
$5,363.85
$78,540
6.8%

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