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Friday, April 26, 2024

Q4 real estate sales report: Calumet Park

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Median prices declined in Calumet Park over last year, and are up 101.7 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 12 homes sold in Calumet Park for a median price of $59,000. That's 10.3 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 2 homes in Calumet Park were in foreclosure.

Median property tax for homeowners in Calumet Park was $3,890.12 in 2017 according to tax data from that year. That means homeowners pay 5.9 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.

Calumet Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
19
$29,250
-
2010
10
$37,620
28.6%
2011
15
$39,550
5.1%
2012
11
$53,410
35%
2013
13
$28,080
-47.4%
2014
17
$37,100
32.1%
2015
18
$54,590
47.1%
2016
23
$63,000
15.4%
2017
20
$65,790
4.4%
2018
12
$59,000
-10.3%

Median property tax
Median sale price
Effective property tax rate
2009
$4,220.44
$29,250
14.4%
2010
$4,773.85
$37,620
12.7%
2011
$4,057.53
$39,550
10.3%
2012
$4,205.13
$53,410
7.9%
2013
$3,826.88
$28,080
13.6%
2014
$4,295.51
$37,100
11.6%
2015
$3,745.10
$54,590
6.9%
2016
$3,754.10
$63,000
6%
2017
$3,890.11
$65,790
5.9%

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