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Tuesday, April 23, 2024

Q3 real estate sales report: Flossmoor

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Median prices declined in Flossmoor over last year, and are down 23 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 54 homes sold in Flossmoor for a median price of $175,500. That's 9 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 6 homes in Flossmoor were in foreclosure.

Median property tax for homeowners in Flossmoor was $8,755.56 in 2017 according to tax data from that year. That means homeowners pay 4.5 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.

Flossmoor real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
32
$227,858
-
2010
26
$186,390
-18.2%
2011
32
$234,475
25.8%
2012
45
$152,600
-34.9%
2013
64
$200,880
31.6%
2014
41
$206,700
2.9%
2015
55
$183,380
-11.3%
2016
78
$182,438
-0.5%
2017
65
$192,780
5.7%
2018
54
$175,500
-9%

Median property tax
Median sale price
Effective property tax rate
2009
$9,738.13
$227,858
4.3%
2010
$9,568.51
$186,390
5.1%
2011
$10,862.45
$234,475
4.6%
2012
$7,530.19
$152,600
4.9%
2013
$9,156.92
$200,880
4.6%
2014
$9,530.09
$206,700
4.6%
2015
$8,241.70
$183,380
4.5%
2016
$8,467.59
$182,438
4.6%
2017
$8,755.55
$192,780
4.5%

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