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Tuesday, April 23, 2024

Q2 real estate sales report: Markham

Realestate4

Median prices declined in Markham over last year, and are up 70.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 44 homes sold in Markham for a median price of $50,000. That's 8.4 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, 8 homes in Markham were in foreclosure.

Median property tax for homeowners in Markham was $4,455.03 in 2017 according to tax data from that year. That means homeowners pay 8.2 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.

Markham real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
61
$29,250
-
2010
42
$37,620
28.6%
2011
27
$38,420
2.1%
2012
34
$50,140
30.5%
2013
38
$30,240
-39.7%
2014
40
$32,065
6%
2015
22
$32,595
1.7%
2016
30
$55,913
71.5%
2017
38
$54,570
-2.4%
2018
44
$50,000
-8.4%

Median property tax
Median sale price
Effective property tax rate
2009
$4,464.28
$29,250
15.3%
2010
$4,092.84
$37,620
10.9%
2011
$3,696.55
$38,420
9.6%
2012
$3,811.78
$50,140
7.6%
2013
$4,520.99
$30,240
15%
2014
$3,637.18
$32,065
11.3%
2015
$3,740.26
$32,595
11.5%
2016
$4,322.36
$55,913
7.7%
2017
$4,455.02
$54,570
8.2%

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