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Saturday, April 20, 2024

Q4 real estate sales report: Robbins

Realestate4

Median prices declined in Robbins over last year, and are down 48.7 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 2 homes sold in Robbins for a median price of $15,000. That's 54 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 1 home in Robbins was in foreclosure.

Median property tax for homeowners in Robbins was $1,154.93 in 2017 according to tax data from that year. That means homeowners pay 3.5 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.

Robbins real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
10
$29,250
-
2010
4
$12,540
-57.1%
2011
5
$98,310
684%
2012
6
$10,355
-89.5%
2013
5
$14,040
35.6%
2014
5
$14,840
5.7%
2015
6
$17,225
16.1%
2016
4
$36,488
111.8%
2017
4
$32,640
-10.5%
2018
2
$15,000
-54%

Median property tax
Median sale price
Effective property tax rate
2009
$2,393.45
$29,250
8.2%
2010
$1,434.95
$12,540
11.4%
2011
$2,848.50
$98,310
2.9%
2012
$1,671.74
$10,355
16.1%
2013
$1,677.88
$14,040
12%
2014
$1,269.50
$14,840
8.6%
2015
$1,500.92
$17,225
8.7%
2016
$2,056.14
$36,488
5.6%
2017
$1,154.92
$32,640
3.5%

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