From January to March, 1 home sold in Washington Park for a price of $3,500. That's 71.6 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Washington Park.
Median property tax for homeowners in Washington Park was $1,486.17 in 2016 according to tax data from that year. That means homeowners pay 28.3 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Washington Park real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
5
$14,040
-
2010
9
$17,100
21.8%
2011
2
$6,498
-62%
2012
6
$11,445
76.1%
2014
2
$24,115
110.7%
2015
2
$32,860
36.3%
2016
4
$5,250
-84%
2017
1
$2,040
-61.1%
2018
1
$3,500
71.6%
Median property tax
Median sale price
Effective property tax rate
2012
$1,992.58
$11,445
17.4%
2014
$1,635.70
$24,115
6.8%
2015
$835.88
$32,860
2.5%
2016
$1,486.17
$5,250
28.3%