From October to December, 4 homes sold in Merrionette Park for a median price of $93,750. That's 47.5 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Merrionette Park.
Median property tax for homeowners in Merrionette Park was $4,480.12 in 2017 according to tax data from that year. That means homeowners pay 2.5 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.
Merrionette Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$166,140
-
2010
6
$156,750
-5.7%
2011
4
$33,900
-78.4%
2012
7
$66,490
96.1%
2013
8
$100,980
51.9%
2014
5
$117,660
16.5%
2015
9
$110,240
-6.3%
2016
12
$145,163
31.7%
2017
7
$178,500
23%
2018
4
$93,750
-47.5%
Median property tax
Median sale price
Effective property tax rate
2009
$2,847.02
$166,140
1.7%
2010
$3,656.36
$156,750
2.3%
2011
$1,909.49
$33,900
5.6%
2012
$3,770.70
$66,490
5.7%
2013
$3,297.38
$100,980
3.3%
2014
$2,768.75
$117,660
2.4%
2015
$2,935.87
$110,240
2.7%
2016
$3,116.56
$145,163
2.1%
2017
$4,480.11
$178,500
2.5%
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