From July to September, 115 homes sold in Burbank for a median price of $195,000. That's 1.7 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 15 homes in Burbank were in foreclosure.
Median property tax for homeowners in Burbank was $5,016.80 in 2017 according to tax data from that year. That means homeowners pay 2.6 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.
Burbank real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
51
$210,600
-
2010
62
$171,000
-18.8%
2011
59
$142,380
-16.7%
2012
71
$145,515
2.2%
2013
109
$151,200
3.9%
2014
109
$164,300
8.7%
2015
92
$168,010
2.3%
2016
109
$183,750
9.4%
2017
113
$191,760
4.4%
2018
115
$195,000
1.7%
Median property tax
Median sale price
Effective property tax rate
2009
$4,765.03
$210,600
2.3%
2010
$5,441.47
$171,000
3.2%
2011
$4,627.37
$142,380
3.3%
2012
$4,710.90
$145,515
3.2%
2013
$4,602.27
$151,200
3%
2014
$4,361.47
$164,300
2.7%
2015
$4,332.99
$168,010
2.6%
2016
$4,490.43
$183,750
2.4%
2017
$5,016.79
$191,760
2.6%