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Monday, December 9, 2019

Q3 real estate sales report: Hickory Hills

Real Estate

By Local Labs News Service | Mar 1, 2019

Re 7

Median prices rose in Hickory Hills over last year, and are down 4.9 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 56 homes sold in Hickory Hills for a median price of $222,500. That's 16.7 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 4 homes in Hickory Hills were in foreclosure.

Median property tax for homeowners in Hickory Hills was $6,126.48 in 2017 according to tax data from that year. That means homeowners pay 3.2 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.

Hickory Hills real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
19
$234,000
-
2010
32
$229,140
-2.1%
2011
31
$197,185
-13.9%
2012
41
$207,100
5%
2013
52
$193,860
-6.4%
2014
37
$185,500
-4.3%
2015
60
$185,500
0%
2016
62
$215,775
16.3%
2017
45
$190,740
-11.6%
2018
56
$222,500
16.7%

Median property tax
Median sale price
Effective property tax rate
2009
$5,856.20
$234,000
2.5%
2010
$6,120.42
$229,140
2.7%
2011
$5,803.97
$197,185
2.9%
2012
$6,064.55
$207,100
2.9%
2013
$5,766.37
$193,860
3%
2014
$5,437.06
$185,500
2.9%
2015
$5,242.81
$185,500
2.8%
2016
$5,817.28
$215,775
2.7%
2017
$6,126.47
$190,740
3.2%

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