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Friday, April 26, 2024

Q2 real estate sales report: Lakeview Acres

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Median prices rose in Lakeview Acres over last year, and are up 9 percent over 9 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 5 homes sold in Lakeview Acres for a median price of $171,500. That's 14.6 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Lakeview Acres.

Median property tax for homeowners in Lakeview Acres was $2,197.67 in 2017 according to tax data from that year. That means homeowners pay 1.5 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.

Lakeview Acres real estate: Q2 2010-2018
Properties sold
Median sale price
Change in sale price
2010
3
$157,320
-
2011
1
$227,809
44.8%
2012
2
$147,641
-35.2%
2013
1
$151,200
2.4%
2015
1
$84,800
-43.9%
2016
2
$128,625
51.7%
2017
2
$149,634
16.3%
2018
5
$171,500
14.6%

Median property tax
Median sale price
Effective property tax rate
2010
$2,390.35
$157,320
1.5%
2011
$2,834.31
$227,809
1.2%
2012
$3,197.90
$147,641
2.2%
2015
$3,544.97
$84,800
4.2%
2016
$2,548.87
$128,625
2%
2017
$2,197.67
$149,634
1.5%

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