Quantcast

South Cook News

Tuesday, April 16, 2024

Q4 real estate sales report: Orland Hills

Re 2

Median prices rose in Orland Hills over last year, and are up 3.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 15 homes sold in Orland Hills for a median price of $200,000. That's 6.3 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Orland Hills.

Median property tax for homeowners in Orland Hills was $5,218.99 in 2017 according to tax data from that year. That means homeowners pay 2.8 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.

Orland Hills real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
12
$193,635
-
2010
10
$222,300
14.8%
2011
13
$195,490
-12.1%
2012
19
$140,610
-28.1%
2013
20
$198,720
41.3%
2014
17
$177,550
-10.7%
2015
19
$200,870
13.1%
2016
23
$178,500
-11.1%
2017
24
$188,190
5.4%
2018
15
$200,000
6.3%

Median property tax
Median sale price
Effective property tax rate
2009
$5,778.05
$193,635
3%
2010
$5,764.06
$222,300
2.6%
2011
$4,874.56
$195,490
2.5%
2012
$4,780.03
$140,610
3.4%
2013
$5,413.57
$198,720
2.7%
2014
$4,790.05
$177,550
2.7%
2015
$4,113.77
$200,870
2%
2016
$5,033.50
$178,500
2.8%
2017
$5,218.98
$188,190
2.8%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS