From July to September, 42 homes sold in Burr Ridge for a median price of $620,000. That's 14.7 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 1 home in Burr Ridge was in foreclosure.
Median property tax for homeowners in Burr Ridge was $8,788.49 in 2017 according to tax data from that year. That means homeowners pay 1.6 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
43
$620,100
-
2010
24
$623,580
0.6%
2011
46
$511,325
-18%
2012
41
$475,240
-7.1%
2013
76
$556,740
17.1%
2014
64
$614,800
10.4%
2015
48
$614,800
0%
2016
60
$549,150
-10.7%
2017
67
$540,600
-1.6%
2018
42
$620,000
14.7%
Median property tax
Median sale price
Effective property tax rate
2009
$7,637.70
$620,100
1.2%
2010
$8,582.39
$623,580
1.4%
2011
$9,902.50
$511,325
1.9%
2012
$7,473.11
$475,240
1.6%
2013
$6,545.79
$556,740
1.2%
2014
$10,016.85
$614,800
1.6%
2015
$9,784.02
$614,800
1.6%
2016
$9,328.51
$549,150
1.7%
2017
$8,788.48
$540,600
1.6%
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