From October to December, 26 homes sold in Markham for a median price of $49,500. That's 8.9 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 2 homes in Markham were in foreclosure.
Median property tax for homeowners in Markham was $4,445.84 in 2017 according to tax data from that year. That means homeowners pay 8.2 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.
Markham real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
37
$30,420
-
2010
27
$26,790
-11.9%
2011
17
$30,510
13.9%
2012
35
$28,340
-7.1%
2013
52
$31,320
10.5%
2014
40
$45,845
46.4%
2015
37
$29,680
-35.3%
2016
24
$41,475
39.7%
2017
46
$54,315
31%
2018
26
$49,500
-8.9%
Median property tax
Median sale price
Effective property tax rate
2009
$4,539.15
$30,420
14.9%
2010
$3,941.51
$26,790
14.7%
2011
$3,631.98
$30,510
11.9%
2012
$4,555.02
$28,340
16.1%
2013
$4,053.88
$31,320
12.9%
2014
$4,326.44
$45,845
9.4%
2015
$4,088.82
$29,680
13.8%
2016
$4,106.26
$41,475
9.9%
2017
$4,445.84
$54,315
8.2%
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