From October to December, 29 homes sold in Chicago Ridge for a median price of $120,000. That's 5.9 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 3 homes in Chicago Ridge were in foreclosure.
Median property tax for homeowners in Chicago Ridge was $3,638 in 2017 according to tax data from that year. That means homeowners pay 2.9 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.
Chicago Ridge real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
27
$118,170
-
2010
19
$135,090
14.3%
2011
30
$62,998
-53.4%
2012
39
$65,400
3.8%
2013
38
$66,960
2.4%
2014
45
$91,160
36.1%
2015
47
$121,900
33.7%
2016
36
$97,388
-20.1%
2017
35
$127,500
30.9%
2018
29
$120,000
-5.9%
Median property tax
Median sale price
Effective property tax rate
2009
$3,435.65
$118,170
2.9%
2010
$3,556.53
$135,090
2.6%
2011
$2,731.99
$62,998
4.3%
2012
$2,896.76
$65,400
4.4%
2013
$3,347.15
$66,960
5%
2014
$3,235.58
$91,160
3.5%
2015
$3,736.21
$121,900
3.1%
2016
$3,219.44
$97,388
3.3%
2017
$3,638
$127,500
2.9%
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